Kuwait Gold Prices Slip as Global Market Trends Take Hold

Gold prices in Kuwait have been affected by global market movements, according to a report from Dar Al-Sabaek Company. On Sunday, the price of one gram of 24-karat gold reached KD 40.710 (approximately $132), while 22-karat gold stood at around KD 37.315 (approximately $121). The price of one kilogram of silver was approximately KD 678 (around $2,202).

The report attributed the decline in gold prices internationally to the recovery of the US dollar and the rise in US Treasury yields.