Gold prices rose in Yemen today, Saturday March 26, 2022, coinciding with the start of the weekend in global gold markets.
Gold Price Today in Yemen
The price of a gram of 24-carat gold rose today in Yemen, registering some 15,767 riyals ($63).
And the price of a gram of 18-carat gold rose today in Yemen’s evening trade, reaching 11,825 riyals ($47.25).
As for cheap gold prices today in Yemen, the price of a gram of 14K gold was around 9,197 riyals ($36.75), and the price of a gram of 12K gold was around 7,883 riyals. ($31.50).
21 karat gold price today in Yemen
The price of a gram of 21-carat gold rose today in Yemen (the most traded on the market) to reach the level of 13,796 riyals ($55.13).
The price of an ounce of gold today in Yemen was about 490,431 thousand riyals ($1,959), and the price of a pound of gold today in Yemen was about 110,369 thousand riyals ($441.03).
Gold prices today worldwide
Globally, gold prices fell at the close of the trading session on Friday (the last session of the week), but posted weekly gains in light of growing anxiety over the Russo-Ukrainian war and inflationary pressures.
The United States and its allies held more meetings yesterday to discuss developments in the Ukraine war, after US President Joe Biden and European Commission President Ursula von der Leyen announced the formation of a joint team to reduce the bloc’s dependence on Russian energy supplies.
Separately, US Treasury Secretary Janet Yellen said in an interview with CNBC that she expects the US economy’s strong performance to continue despite rising energy prices and raw Materials.
The report from the University of Michigan showed that the US consumer confidence index registered 59.4 points in the final reading for the month of March, which is the lowest level in 10 years, compared to 62.8 points in February. previous. 5.4% next year.
Accelerating inflation in the United States prompted more members of the Federal Reserve to support raising interest rates by 50 basis points. May be appropriate depending on economic data.
The price of gold futures contracts for April delivery fell 0.4%, or $8, to hit $1,954.20 an ounce as the trading session closed on Friday, but posted weekly gains of around 1, 3 percent.
The price of gold for June delivery also fell 0.4%, or $7.90, to settle at $1,959.80 an ounce at the close, while its weekly gain topped 1.3%.