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Gold prices rise by 0.2% during last week


Sun 28 Jul 2024 | 04:14 PM
Gold- File Photo
Gold- File Photo
Basant Ahmed - Walid Farouk

Gold prices rose in local markets by 0.2% during the last week’s trading, while gold prices on the global stock market decreased by 0.5%. 

Engineer, Saeed Embabi, Executive Director of the “iSagha” platform, said that gold prices rose in the local markets by 5 pounds during last week, as the price of a gram of 21 carat gold recorded 3,275 pounds, while gold prices dropped on the global stock market by 13 dollars, recording $2387.

Embabi added that a gram of 24 karat gold recorded 3,743 pounds, a gram of 18 karat gold recorded 2,807 pounds, while a gram of 14 karat gold recorded about 2,184 pounds, and a gold pound recorded about 26,200 pounds.