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The gold market in Kuwait experienced a modest decline in prices today, Saturday, August 29, 2026, influenced by global gold price movements and expectations regarding U.S. monetary policy. The price of 24-karat gold per gram was around 44.275 Kuwaiti dinars, while the more widely traded 21-karat gold reached 38.718 dinars, and the ounce was approximately 1,377.325 dinars. Gold prices in Kuwait are directly affected by fluctuations in the U.S. dollar and U.S. bond yields, as a rising dollar puts additional pressure on the precious metal, whereas a decline in the dollar tends to support higher prices. The market experienced limited fluctuations over the past week, with ongoing global economic and political tensions continuing to influence prices. Traders are advised to consult multiple sources for price updates and monitor daily developments to avoid unexpected costs.
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