Gold prices witness significant decline in Yemen

SANAA, Nov. 19 (YPA) – Gold prices fell on Saturday in the Yemeni goldsmiths markets, as the price of the gold pound in the capital, Sanaa, reached 233,000 riyals, while it stabilized at 480,000 riyals in Aden and the southern provinces, controlled by Saudi-led coalition forces.

The last update of prices in the goldsmith shops in the capital Sanaa, according to the “Yemen Economist” website, is as to follow:-
– Price of one gram of Gold 24 karat: Purchase = 33,000 Yemeni Riyal (YER), Sale = 35,000 YER.
– Price of one gram of Gold 21 karat: Purchase =27,500 YER, Sale = 30,000 YER.
– Price of one Gold Pound: Purchase = 223,000 YER, Sale = 228,000 YER.
The updated gold prices in the goldsmith shops in Aden are as to follow:-
– Price of one gram of Gold 24 karat: Purchase = 63,000 Yemeni Riyal (YER), Sale = 69,000 YER
– Price of one gram of Gold 21 karat: Purchase = 56,000 YER, Sale = 62,000 YER.
– Price of one Gold Pound: Purchase = 470,000 YER, Sale = 480,000 YER.