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Gold prices today in Kuwait, Monday March 14, 2022

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Gold prices fell today in Kuwait, Monday March 14, 2022, coinciding with the fall in prices of the precious metal worldwide.

Gold Price Today in Kuwait

The average price of a gram of 24-carat gold in Kuwait fell to around 19.16 dinars ($62.97) during trading today.

The average price of a gram of 21-carat gold in Kuwait (the most traded on the market) also fell to around 16.76 dinars ($55.10).

While the average price of a gram of 18-carat gold in Kuwait was about 14.37 dinars ($47.23).

Looking at cheap gold prices in Kuwait today, the average price for a gram of 14-carat gold was about 11.17 dinars ($36.73).

Gold price per ounce and pound today in Kuwait

The average price of an ounce of gold today in Kuwait decreased to around 595.75 dinars ($1958).

The average price of a pound of gold (8 grams of 21 carats) also fell to around 134.10 dinars ($440.79).

Gold prices today worldwide

Gold also fell more than 1% in trading on Monday, amid cautious hopes for progress in peace talks.

Palladium also fell more than 10%, ending most of the gains that led to record levels during the Ukraine crisis, with supply concerns easing.

And gold fell 1.2% to $1,962.01 an ounce, while US gold futures fell 1% to $1,964.00.

other precious metals

Among other precious metals, palladium, of which Russia is the largest producer, fell 9.3% to $2,555.46 per ounce (one ounce) at 11:02 GMT, to witness the largest daily percentage drop. in at least 9 months. And it fell as much as 11.1%, earlier in the session.

Platinum also fell, down 3.7% to $1,039.85.

Silver prices also fell in spot transactions, down 2.3% to $25.20 an ounce.

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