Gold Division: Expected increase in yellow Metal Prices

Sudan Events – Nahid Oshi

Gold prices in Sudan have witnessed a noticeable increase. The media secretary of Gold Division, Atef Ahmed Abdel Qader, attributed the increase in gold prices to the extension of the war and its economic effects on all commercial activity.
He said in his statement to “Sudan Events ”
The increase in yellow metal prices is expected, especially since gold is parallel to the dollar, which has exceeded the ceiling of SDGs 2,000 .
He expressed his hopes that peace will prevail so that prices stabilize.
Gold prices recorded an increase in conjunction with the rise in the global price of gold, which recorded 24-karat ounces at about $ 2,297.
As for locally, 24-karat gold recorded about 46,264 pounds during Saturday’s trading, while 21-karat gold prices reached about SDGs 38,694, and 18-karat gold recorded about SDGs 34,698 .