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Gold prices today in Sudan, Sunday March 20, 2022

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Gold prices stabilized in Sudan today, during trading on Sunday, March 20, 2022.

Gold Price Today in Sudan

Today, one gram of 24-carat gold in Sudan amounts to 27,638 pounds ($61.83).

And the price of a gram of 18-carat gold today in Sudan reached 20,729 pounds ($46.37).

As for cheap gold prices today in Sudan, the 14 karat gold price per gram was around 16,122 pounds ($36.07), and the 12 karat gold price per gram was around 13,819 pounds ($30.91). Dollars).

21 Carat Gold Price Today in Sudan

The price of a gram of 21-carat gold stabilized today in Sudan (the most traded in the market) to register some 24,184 pounds (54.10 dollars).

The price of an ounce today in Sudan was about 859,537 thousand pounds (1923 dollars), and the price of a pound of gold today in Sudan (8 grams of 21 carats) registered about 193,470 thousand pounds (432.82 dollars).

world gold prices

Gold prices fell at the close of last Friday’s trading session (the close of sessions for the week), to post the biggest weekly drop in four months, with improved market sentiment following central bank decisions and the continuation of Russian-Ukrainian talks.

The US president, Joe Biden, held telephone conversations with his Chinese counterpart, Xi Jinping, to analyze the developments in the war in Ukraine, while the Chinese president stressed that relations between countries should not lead to confrontations, as is happening in Ukraine. , because this will not benefit anyone. .

Meanwhile, Russian and Ukrainian negotiators continue peace talks between the two sides to end the ongoing war, and while the Kremlin denied on Thursday that an agreement had been reached, news of little progress in the talks fueled optimism in the markets.

And the pressure on gold increased during last week’s trading, after the Federal Reserve decided to raise US interest rates for the first time since 2018 by 25 basis points, due to the high rate of inflation and the labor market recovery.

Meanwhile, “James Bullard”, a member of the US Open Market Central Committee, said that it is necessary to raise interest rates by the equivalent of 12 times this year, for the bank to convince consumers that it is serious face. of rising inflation.

And the price of gold futures contracts for April delivery fell 0.7%, or $13.90, to settle at $1,929.30 an ounce as the first session settled on Friday.

In total trading last week, the price of precious metal futures contracts fell 2.8%, marking the biggest weekly drop since November 2021.

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