Despite a drop in market sales, gold prices in Syria tended to stabilise in trading today, Sunday, October 16, 2022.
The Syrian gold market continued its recovery recently after gold prices fell more than 2000 pounds since last Wednesday, when the 21 carat recorded about 118. 515 thousand pounds compared to 116. 380 thousand pounds today, which is the same price yesterday.
While gold prices around the world continued to decline for the second week in a row, following a loss of more than $ 60 for the week ending on Friday.
In Syria, a gramme of 24-karat gold cost 133,003 pounds ($52.94).
Today in Syria, the average cost of 21-carat gold was 116.380 million pounds (46. 32 dollars).
Also, the average price of a gram of 18 carat gold in Syria today has not changed, recording about 99. 753 thousand pounds (39. 70 dollars).
In Syria, the average price of economic gold is currently around 77. 585 thousand pounds per gramme of 14-gram gold (30. 88 dollars).
In Syria, the price of an ounce of gold today peaked at 4.136 million pounds ($1646) during nighttime trading.
The price of the gold pound during today’s dealings in Syria amounted to 931. 040 thousand pounds (370. 56 dollars).
Amid growing predictions that the federal reserve will approve a big increase in the American interest rate, gold prices continued to decline globally for a second week.
Due to the bullish trend in the dollar’s performance and the returns on US Treasury bonds, gold came under intense pressure and had substantial weekly losses of more than $60.
The price of the gold metal futures – the delivery of December at the end of Friday’s trading by 1. 7% or $ 28.
1 registered ounce costing $ 1648.9
Gold dropped around 3.5% of its value this week, or $60, and that is a loss.
The dollar index, which measures the performance of the US currency against a basket of main currencies, increased by 0. 8%, to 113. 292 points..
The consistency of gold prices today, Sunday, during nighttime transactions in Syria
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