Gold prices decline for engaged couples
Gold prices in the local market have decreased, with the 21-karat gold, the most desired, selling at 93.1 dinars per gram and buying at 89.1 dinars, according to the pricing set by the General Syndicate of Jewelry and Goldsmiths Shops. Globally, gold prices have risen by 0.5%, reaching $4,615.27 per ounce, after previously declining due to rising inflation rates in the United States. These developments come amid market anticipation for statements from the Federal Reserve Chair, which are directly influencing both local and global gold prices.
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