Gold records new high in Aden, declines in Sanaa

SANAA, June 03 (YPA) – The gold price stabilized in global stock markets on Monday at the level of $2,325.71 per ounce, with a slight decrease of 0.05%.

Gold futures prices also stabilized at the same closing level of the previous session of $2,345.60 per ounce.

In Yemen, gold prices witnessed a slight decline in Sanaa in exchange for a new rise in Aden and the southern and eastern provinces, which confirms, according to observers, the presence of manipulation and the absence of economic management in Aden.

Economic sources confirmed that the price of gold rose in Aden and the southern and eastern provinces, recording 950,000 riyals per pound, and 123,000 riyals per gram of 21 Karat, an increase from yesterday’s prices, which amounted to 10,000 riyals per pound, and 1,000 riyals per gram.

The sources explained that the price of gold in Sanaa recorded 273,500 riyals, and a gram of 21 Karat, 35,700 riyals, with a slight decrease in the price of the pound amounting to 1,500 riyals.

YPA