Wednesday 30/April/2025 – 09:16 AM
Stability dominated gold prices at the beginning of trading today, Wednesday, April 30, 2025, in the local markets, amid a decline in the demand for precious metal, and a relative calm of current geopolitical tensions, to record the price of 21 carat gold about 4765 pounds, at the same value recorded at the end of yesterday’s trading.
Gold prices today
The price of a gram of 24 carat gold was about 5445 pounds, and the gram of 18 carat gold recorded 4084 pounds, so the gram of 14 carat gold recorded about 3170 pounds, and the gold pound recorded about 38120 pounds, while the price of an ounce of gold globally reached about 3309 dollars.
Engineer Saeed Imbabi, Executive Director of the Ayea platform for the deployment of gold prices via the Internet, has made it clear that the stability of the dollar exchange rate in the local markets led to the compatibility of the local gold price with international prices in a large percentage over the past year, indicating that the current gold prices are suitable for purchase, while waiting for some long periods of profit.
Imbabi advised the need to avoid purchase at times when markets are exposed to successive and sudden heights, as the acceleration of heights indicates that they are illogical levels and inappropriate for purchase.
He pointed out that the price levels that have witnessed the gold markets during the past weeks and exceeded the price of a gram of 21 carat gold, 5000 pounds, are high prices for expensive, and contain a great risk.
