Local gains amidst global dips: Gold prices reach new levels in Yemen
SANAA, Feb. 12 (YPA) – Gold prices in Yemeni markets saw a slight uptick this Thursday, recording new figures across jewelry markets in Sanaa and Aden.
This local fluctuation follows a period of instability that has persisted since early February, following record-breaking highs in January.
Sanaa: Persistent Volatility
In Sanaa, the price of a Gold Sovereign rose by 6,000 YER to reach 605,000 YER. Meanwhile, 21-karat gold increased by 1,000 YER, selling at 78,000 YER per gram. This follows a historic surge in January where the Sovereign surpassed the 155,000 YER mark in total growth.
Aden: Sharp Increases
Markets in Aden witnessed a more significant jump over the last 24 hours. The price per gram of 21-karat gold rose by 8,000 YER to reach 239,700 YER, while the Gold Sovereign exceeded 1,848,800 YER.
Gold Price Comparison (Selling Rate) – Thursday, Feb 12, 2026
| Category | Aden Markets (YER) | Sanaa Markets (YER) |
| Gold Sovereign | 1,848,800 | 605,000 |
| 21K Gold (per gram) | 239,700 | 78,000 |
Global Market: Slight Decline
In contrast to the local upward trend, global gold prices edged lower on Thursday. Spot gold fell by 0.27%, trading at $5,070.42 per ounce.
Note: Experts attribute this discrepancy between the local and global markets in Yemen to differences in the exchange rates of the local currency against foreign currencies between Sana’a and Aden, in addition to economic factors related to local demand.
YPA