YEMEN Press Agency

Gold prices witness slight decline in Yemeni markets

SANAA, May 04 (YPA) – Gold prices across Yemen recorded a slight decline in trading on Monday, with markets in both Sanaa and Aden showing a downward trend compared to late April closing rates.

Average Gold Prices (Monday, May 4):

Region Item Buy (YER) Sell (YER)
Sanaa Gold Sovereign 542,000 549,000
21K Gram 67,500 71,000
Aden Gold Sovereign 1,584,500 1,607,600
21K Gram 197,200 207,900

 

Market Indicators:

In Sanaa, the price of a gold sovereign dropped by 2,000 YER over the past 24 hours, following a period of instability observed throughout last month.

Meanwhile, the markets in Aden saw a more pronounced decrease, with the gold sovereign falling by approximately 11,000 YER and the 21K gram dropping by 5,000 YER compared to the previous day’s rates.

 

YPA