The price of gold rose today in Kuwait, Friday March 25, 2022, despite the stability of the prices of the yellow metal worldwide.
Gold Price Today in Kuwait
The average price of a gram of 24-carat gold today in Kuwait rose to about 19.06 dinars ($62.68).
The average price of a gram of 18-carat gold today in Kuwait rose to about 14.29 dinars ($47.01).
Looking at cheap gold prices today in Kuwait, the average price for a gram of 14 karat gold was about 11.12 dinars ($36.56).
While the average price of a gram of 12-carat gold today in Kuwait was about 9.53 dinars ($31.34).
21 karat gold price today in Kuwait
The average price of a gram of 21-carat gold today in Kuwait (the most traded on the market) rose to about 16.68 dinars ($54.84).
The average price per ounce also increased today in Kuwait, to about 592.68 dinars (1949 dollars).
While the average price of a pound of gold today in Kuwait (8 grams of 21 carats), was around 133.40 dinars (438.76 dollars).
Gold prices today worldwide
Gold is headed in Friday’s trading to make weekly gains 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 rising US bond yields on tightening fears Monetary policy affected bullion’s appeal.
And gold settled in spot trading at $1,958.41 an ounce at 06:10 GMT, hovering around the highest level in more than a week, which it reached in the previous session, up 2% so far this month. 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 rising inflation.
other precious metals
And silver prices rose in spot transactions, up 0.4% to $25.60 an ounce.
While platinum rose 0.6% to $1,026.67, while palladium closed at $2,525.01.