Price of gold in Sudan Rises and Supply declines
Sudan Events – Rehab Abdullah
The media secretary for the Goldsmiths and Gold Exporters Division, Atef Ahmed, said that gold prices range between 86-90 thousand pounds per gram, depending on the movement of the dollar in the parallel market. He attributed the continued rise in gold prices to the repercussions of the expansion of the war to the various states of Sudan. He confirmed in his statement to (Sudan Events) that the impact of the repercussions of the war is great. This is very bad for the gold sector, especially since the cost of moving between states is high and consumes a lot of time and money.
The rise in gold in Sudan occurs despite the stability of gold on the global stock market (Thursday), where the price of an ounce of gold recorded $2,313.
Atef revealed the decline in raw gold supplied from mining areas due to a number of obstacles, including electricity, petroleum materials, manpower, the security aspect, and people’s fear, and this affected the volume of imports, and it became less than 300-400 kilograms in the export market.
