Gold Division: Prices Decreased as A Result of Calm Security Conditions
Sudan Events – Nahed Oshi
Gold prices in the goldsmiths’ markets witnessed a noticeable decline today, Friday, to 34,273 per gram.
Media secretary of the Gold Division, Atef Ahmed Abdel Qader, attributed the stability witnessed by the gold markets to the relative calm of the security conditions currently prevailing in Sudan.
He said in his interview with (Sudan Events): Whenever a state of security and stability prevails, fear decreases and markets and prices stabilize, indicating that the war that broke out on the 15th of April last year, gatherings and markets were created with a high level of accuracy and security in the states and cities (Civil, Gedaref, Kassala, North, Port Sudan), which were an alternative to Khartoum and, in the words of the benefits of the war, increased the trend towards developing cities and markets.
Gold prices declined during Friday’s trading in Sudan, coinciding with the stability of global prices, as the 24-carat ounce recorded approximately 2,035 US dollars.
Locally, 21 karat gold was recorded at jewelers’ shops at 34,273 pounds, equivalent to 57.25 US dollars, while 24 karat gold was recorded at about 39,168 pounds, equivalent to 65.42 US dollars.
The price of 18-karat gold reached 29,377 pounds, equivalent to 49.07 US dollars.
The price of the gold pound reached about 274,184 pounds, equivalent to 457.97 US dollars.
