Gold prices rose today in Lebanon, Wednesday March 23, 2022, in parallel with the rise in prices of the precious metal in global markets.
Gold Price Today in Lebanon
And the average price of a gram of 24-carat gold in Lebanon during tonight’s trading was around 94,072 pounds ($62.23).
The average price of a gram of 18-carat gold in Lebanon was about 70,555 thousand pounds ($46.68).
In terms of economic gold transactions in Lebanon, the average price of a gram of 14-karat gold was about 54,875 thousand pounds ($36.30), while the average price of a gram of 12-karat gold was about 47,036 thousand pounds (31.12 dollars).
21 karat gold price today in Lebanon
And the average price of a gram of 21-carat gold (the most traded on the market) rose today in Lebanon, to the level of 82,315 thousand pounds (54.46 dollars).
The average price of an ounce of gold in Lebanon today, during early trading, rose by about 2.925 million pounds (1936 dollars).
While the average price of the pound of gold, at the beginning of the day today in Lebanon, registered some 658,517 thousand pounds (435.65 dollars).
Gold prices today worldwide
Gold prices rose marginally during trading on Wednesday, in light of fears of an escalation of the Ukraine crisis, and amid negative expectations of raising interest rates in the United States.
Concerns over the Ukraine crisis supported demand for the precious metal, which is seen as a safe haven, but calls from US Federal Reserve officials to raise interest rates further to fight inflation capped expectations. Profits.
Gold prices ended Tuesday trading down around $8 after US Treasury yields hit their highest levels in several years.
The price of gold futures contracts – for delivery in June – rose 0.04% to reach the level of 1,927.50 dollars per ounce.
The yellow metal’s spot delivery price also rose 0.03% to $1,922.23 an ounce.
At the same time, the price of silver futures contracts – for May delivery – decreased 0.83% to $25.11 an ounce.
While the spot price of platinum decreased by 0.51% to $1,020.40 per ounce, by contrast, the spot price of palladium rose by 2.48% to $2,555.48 per ounce.