Gold records positive gain for 4th week in a row

  • 28/03/2023

Kuwait City, March 28: Gold marked affirmative progress for the fourth consecutive week, concluding at $1,978 per ounce, notwithstanding the minor descent observed at the culmination of the previous Friday's trading. The prices of the gold had slumped on Friday, following an assessment of the monetary policy's trajectory and the advancements in the global banking disruption that impacted numerous American and European banks.

Regarding the domestic market, the report indicated that the value of 24 karat gold concluded at KD 19.45 per gram on Friday, while 22 karat gold was valued at KD 17.83 per gram. Additionally, silver was priced at KD 274 per kilogram.

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