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أخبار الخليج
Global gold gains boost local prices
Gold prices have risen again in the local markets following a global rebound, with the ounce reaching approximately $4,119. This increase is driven by growing demand as a safe haven amidst geopolitical tensions and investors' preparation for the upcoming U.S. Federal Reserve meeting. In the local market, the price of 21-karat gold per gram is around 44 dinars, 22-karat gold has risen to 46.1 dinars, and 24-karat gold to 50.3 dinars. This follows a previous decline that led many to purchase jewelry to take advantage of lower prices. The trend reflects investors turning to gold for investment and hedging, while markets await the outcome of the Federal Reserve meeting and the potential impact of U.S. economic policies on gold prices.
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