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Gold prices today in Algeria, Friday 25 March 2022

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Gold prices rose today in Algeria, Friday March 25, 2022, with the stability of the prices of the yellow metal worldwide.

Gold Price Today in Algeria

And the price of a gram of 24-carat gold today in Algeria was about 8,945 dinars ($62.68).

And the price of a gram of 18-carat gold today in Algeria was about 6,715 dinars ($47.01).

As for cheap gold prices today in Algeria, the price of 14 karat gold gram recorded about 5,223 dinars ($36.56).

While the price of a gram of 12-carat gold reached today in Algeria about 4,477 dinars (31.34 dollars).

21 Carat Gold Price Today in Algeria

And the price of a gram of 21-carat gold today in Algeria, (the most traded on the market), was around 7,835 dinars ($54.84).

The average price of an ounce in Algeria today was about 278,457 thousand dinars (1949 dollars).

And the average price of a pound of gold today in Algeria (8 grams of 21 carats) was about 62,677 thousand dinars (438.76 dollars).

Gold prices today worldwide

Gold is headed for weekly gains on Friday for the third time in 4 weeks as a lack of tangible progress in Russia-Ukraine peace talks led to a rise in the price of the precious metal, which is seen as a safe haven. , despite the rise in US bond yields due to fears of monetary tightening measures that affected the attractiveness of the alloy.

And gold settled in spot trading at $1,958.41 an ounce by 0610 GMT, hovering around the highest level in more than a week, which it reached in the previous session, up 2% so far this week. US gold futures fell 0.2% to $1,958.70.

Ukrainian President Volodymyr Zelensky said on Friday that Ukrainians “need to make peace” and stop Russian bombing that has forced millions to flee to countries like Poland.

The US Federal Reserve raised borrowing costs by 25 basis points on March 16, and top central bank policymakers have since signaled a tougher approach to tightening monetary policy this year to combat the rise in inflation.

Silver prices rose 0.4% in immediate trading to $25.60 an ounce, while platinum rose 0.6% to $1,026.67 and palladium closed at $2,525.01.

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