Gold prices fell today in Bahrain, at the start of trading on Saturday, April 2, 2022, according to dealers.
And global financial markets are on a weekly holiday on Saturday and Sunday, to resume trading as usual, starting next Monday.
Gold price today in Bahrain
And the price of a gram of 24-carat gold today in Bahrain was about 23.38 dinars ($61.95).
And the price of a gram of 21 karat gold (the most traded in the market) was 20.46 dinars ($54.21).
The price of a gram of 18 karat gold today in Bahrain reached about 17.53 dinars ($ 46.46).
As for economic gold prices today in Bahrain, the price of a gram of 14 karat gold recorded about 13.64 dinars ($ 36.14).
The average price of an ounce in Bahrain was 727.06 dinars ($1,927).
And the average price of the gold pound today in Bahrain (8 grams of 21 karat), was about 163.65 dinars (433.65 dollars).
Gold prices today globally
At the conclusion of Friday’s session, the price of gold fell and headed for a weekly decline, after the release of strong jobs data in the United States that supported the dollar and increased bets that the US Federal Reserve will raise interest rates strongly.
And gold fell in spot transactions 0.63 percent to $ 1925.18 an ounce, with the closing of trading on Friday, pending the opening of trading on Monday.
The data supported gains in benchmark 10-year US Treasury yields and the dollar, which makes gold less attractive to overseas buyers.