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Gold prices today in Sudan, Sunday March 13, 2022

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The average price of gold stabilized today in Sudan, Sunday March 13, 2022, coinciding with the weekly holiday of the precious metals markets worldwide.

Gold Price Today in Sudan

And the average price of a gram of 24-carat gold in Sudan today in local market transactions was 28,632 thousand pounds ($64.05).

The average price of a gram of 21-carat gold in Sudan (the most traded on the market) was about 25,054 thousand pounds (56.05 dollars).

18K Gold Price Today in Sudan

And the average price of a gram of 18-carat gold in Sudan, in today’s transactions in local markets, was about 21,475 thousand pounds (48.04 dollars).

Looking at cheap gold prices in Sudan today, the average price for a gram of 14-carat gold was about 16,702 thousand pounds ($37.37).

The price of an ounce and a pound of gold today in Sudan

The average price of an ounce in Sudan, during today’s transactions on local markets, reached the level of 890,469 thousand pounds (1992 dollars).

And the average price of a pound of gold in Sudan today (8 grams of 21 carats) was about 200,432 thousand pounds ($448.39).

world gold prices

Globally, gold prices dipped below $2,000 an ounce at the close of trading on Friday (the closing session of the week), with investors pricing in many geopolitical and economic developments.

Investor appetite for safe assets waned after Russian President Vladimir Putin stated that some progress had been made in talks with Ukraine, although he did not elaborate on the specifics of this improvement in discussions between the two sides.

The data revealed that the “Michigan” index of consumer confidence in the United States fell to its lowest level in 11 years at 59.7 points, compared to 62.8 points last February, due to fears of rising prices in the country.

Markets are awaiting the Federal Reserve meeting scheduled for next week, amid expectations that the US Central Bank will raise interest rates for the first time since the start of the “Corona” pandemic.

The US consumer price index rose 7.9% in February on an annual basis, the fastest pace on record since 1982.

And the price of gold futures contracts for April delivery fell 0.8%, or the equivalent of $15.40, to hit $1,985 an ounce as Friday’s session settled.

In last week’s total trading, the price of precious metal futures contracts increased 0.9%.

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