In light of global economic turmoil and increasing geopolitical tensions, gold continues its upward path, driven by an increasing demand by investors who see them as a safe haven amid mystery. The price of the ounce globally has increased to levels exceeding $ 3478, at a time when expectations indicate that gold may continue to rise to 4000 dollars, and it is close to $ 5,000 during the next two years, according to the estimates of major financial institutions.
Gold flared globally
The increasing demand for gold comes at a time when the global economy suffers from a clear slowdown, amid the escalation of concerns about entering a stagnation. This scene enhances worsening political tensions, whether in the Middle East or in international trade conflicts, as well as low confidence in stock and currencies.
The decline in the US dollar also contributed to its lowest level in three years in making gold more attractive to investors around the world, which accelerated the pace of rise in its prices.
Direct repercussions on Bahrain and the region
The Gulf markets were not immune to this global rise, as gold prices in Bahrain recorded historical levels this week. According to the market data, the price of a gram of 21 carat gold reached about 37.18 dinars, which is the highest in years, amidst an anticipation to exceed the 40 -dinar barrier for gram at the end of this year 2025 if the global rise continues.
This comes at a time when the gram of 24 carat gold records about 42.49 dinars, which indicates a large price leap in a short time, which raises questions among consumers about the timing of purchase, and the possibility of further climb.
Future expectations and investment warnings
Global market expectations are still tending to continue the rising momentum of gold prices. Major economic analysis institutions indicated that the ounce may exceed 4000 dollars within a period ranging from one to two years, if the current crises continue to be parallel.
Egyptian businessman Naguib Sawiris, a major investor in gold, had previously stated that the yellow metal could reach $ 5,000, in light of the increasing global trend towards it as a hedging tool against inflation and market fluctuations.
On the other hand, some experts warn that the markets may witness “price corrections”, which are short periods in which the price is declining after a large wave of rise, before the rise again.
Gold prices in Bahrain today – Tuesday, April 22, 2025
According to the latest update of local markets, the following prices were recorded:
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The price of a gram of 24 carat gold: 42.49 dinars (111.81 dollars)
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The price of a gram of 22 carat gold: 38.95 dinars (102.50 dollars)
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The price of a gram of 21 carat gold: 37.18 dinars (97.84 dollars)
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The price of a gram of 18 carat gold: 31.87 dinars (83.86 dollars)
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The price of a gram of 14 carat gold: 24.79 dinars ($ 65.22)
