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Gold prices today in Syria, Thursday March 24, 2022

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Gold prices stabilized today in Syria, Thursday March 23, 2022, despite the increase in prices of the yellow metal worldwide.

Gold Price Today in Syria

And the price of a gram of 24-carat gold today in Syria was about 157,166 thousand pounds ($62.57).

And the price of a gram of 18-carat gold today in Syria was about 117,876 thousand pounds ($46.93).

As for the economic gold prices today in Syria, the price of a gram of 14-carat gold registered about 91,680 thousand pounds (36.50 dollars).

While the price of a gram of 12-carat gold reached around 78,583 thousand pounds (31.28 dollars) in Syria today.

21 karat gold price today in Syria

And the price of a gram of 21-carat gold today in Syria, (the most traded on the market), was around 137,523,000 pounds (54.75 dollars).

The price of an ounce in Syria today amounts to about 4,887 million Syrian pounds (1946 dollars).

And the price of a pound of gold today in Syria (8 grams of 21 carats) registered about 1,100 million pounds (437.97 dollars).

Gold prices today worldwide

Gold prices rose during early trading on Thursday morning to $1,949.51 an ounce, before prices fell to $1,939 an ounce at 04:51 GMT.

And on Wednesday night, gold prices rose, adding $16 an ounce, on concerns about tightening federal monetary policy, driving investors toward the precious metal to hedge against inflation.

Central Bank President Jerome Powell said this week that the bank could raise interest rates by more than 25 basis points in one or more meetings to curb inflation.

Analysts, including Goldman Sachs employees, had expected the Fed to raise interest rates by 50 basis points at upcoming meetings in May and June.

Today, Fed officials including “Mary Daly” and “Loretta Mester” hinted that they would support raising rates at the May meeting by about 50 basis points.

Regarding the Ukraine crisis, Russian President Vladimir Putin said that Moscow will sell shipments of natural gas in rubles to countries that are not friends of Russia.

On the other hand, the dollar index (against a basket of major currencies) rose 0.1% to 98.6 points at 23:14 Mecca time.

At the close of trading, gold futures contracts for June delivery were up 0.8%, or $15.9, at $1,924.60 an ounce.

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