Tuesday 06/January/2026 – 12:55 AM
The price of a gram of 18 carat gold rose by about 75 pounds yesterday evening, Monday, against the backdrop of the rise in the global price of the precious metal.
Price of a gram of 18 karat gold
The price of a gram of 18 karat gold recorded about 5,115 pounds, without manufacturing or stamping, an increase of about 75 pounds compared to yesterday’s trading, when it was priced at 5,040 pounds, according to the Gold Division.
Gold prices rose yesterday, Monday, to their highest levels in a week, approaching a record peak, as the American attacks in Venezuela increased the attractiveness of the precious metal.
By 1620 GMT, gold in instant transactions rose 2.7% to $4,447.05 per ounce, after recording earlier in the session its highest levels since December 29, and the precious metal reached a record level of $4,549.71 on December 26.
US gold futures
US gold futures for February delivery increased 3% to reach $4,457.4.
“It is clear that the situation surrounding Venezuela has once again stimulated demand for safe haven assets, but it is also due to existing concerns about geopolitical conditions, energy supplies and monetary policy,” said Alexander Zumpfhe, a precious metals trader at Heraeus Metals in Germany.
Gold increased in 2025 by 64%, and geopolitical tension, interest rate cuts from the Federal Reserve (the US central bank), purchases from central banks, and inflows into exchange-traded funds contributed to this.
