Gold prices reaches $1990 per ounce

  • 19/03/2023

Kuwait City, March 19: Gold prices in the global market recorded a significant jump during last week’s trading, to reach about $1,990 per ounce, which is its highest level since April 2022.

A specialized report issued by the Kuwaiti company (Dar Al-Sabauk) said today that investors around the world continue to flock to the yellow metal as a safe haven, in the wake of the major banking turmoil in some American and European banks.

Related News

1,540 traffic violations issued, 33 people arrested
  • 23/11/2024
Kuwait Seeks Approval for Filipino Domestic Workers
  • 22/11/2024
Kuwait Amir conveys good wishes to Trump
  • 22/11/2024
Kuwait sees surge in traffic violations
  • 19/11/2024
MoI: 199 deaths due to traffic accidents in 9 months
  • 19/11/2024
MoI: 385 residency violators arrested, 497 deported within ...
  • 18/11/2024
Tanker explosion kills one, injures another in Amghara
  • 18/11/2024
Philippines issues new guidelines to protect domestic worke ...
  • 16/11/2024
Kuwaiti court convicts trio of citizenship forgery
  • 14/11/2024
Indians lead Kuwait labour market
  • 14/11/2024
British Embassy organizes car rally on Al Khaleej Street
  • 12/11/2024
Egyptian contractor dies after falling from Al-Mutlaa constr ...
  • 11/11/2024