Gold prices shatter records in Yemen

SANAA, Jan. 28 (YPA) – Gold markets in Yemen witnessed a violent price surge on Wednesday, recording unprecedented “historic” levels in both Sanaa and Aden, leaving local traders and markets in a state of shock.

Price Explosion in Sanaa

In the capital, Sanaa, gold prices broke all expectations. The Gold Sovereign (Junayh) surged by 20,000 YER within just 24 hours, reaching 635,000 YER.

Similarly, the price of 21-karat gold rose by 1,000 YER, jumping to 79,000 YER per gram for the first time in the city’s history.

According to market statistics, gold in Sanaa has achieved a record-breaking climb since the start of the new year, with a total increase exceeding 110,000 YER for the Sovereign and 11,700 YER per gram.

“Million-Riyal” Figures in Aden

In the temporary capital, Aden, prices witnessed what can only be described as “frenzied” leaps. The Gold Sovereign hit a new milestone, reaching 1,912,000 YER, with a single-day increase of 32,000 YER. Furthermore, 21-karat gold surpassed the 246,000 YER mark per gram, reflecting a daily spike of 10,000 YER.

Gold Price Comparison (Wednesday, January 28, 2026):

These figures highlight the severe inflation and the massive disparity in the purchasing power of the local currency between different Yemeni regions. In Aden alone, the total increase since the beginning of the year has exceeded 340,000 YER per Sovereign.

YPA