Welcome to Almasa Alnasea’s gold market update for Friday August 7. What a week it has been. Gold has risen about 6% — its strongest week since January — and now trades near $4,270 per ounce, up from $4,070 on Monday. The cause is wonderful news for the whole region: real progress toward reopening the Strait of Hormuz. Today also brings America’s big jobs report, which could move prices again. Here is our warm and honest guide to what happened and what it means for you. Today’s prices: 24K: ~$137.30/gram | 22K: ~$125.85/gram | 21K: ~$120.15/gram | 18K: ~$102.95/gram What

Welcome to Almasa Alnasea’s gold market update for Wednesday August 5. Gold has risen for a third day in a row, now trading near $4,130 per ounce — its highest in about two weeks, and up from $4,070 on Monday. Big news is driving the move, and big days lie just ahead. Here is our clear and welcoming guide to what is happening and what it means for your gold plans. Today’s prices: 24K: ~$132.80/gram | 22K: ~$121.75/gram | 21K: ~$116.20/gram | 18K: ~$99.60/gram Why is gold rising? Two good reasons at the same time — which is unusual. First,

Welcome to Almasa Alnasea’s gold market update for Monday August 3. We are pleased to open the new month with genuinely hopeful news. Gold is steady near $4,070 per ounce as the US paused its planned airstrikes on Iran, talks may begin this afternoon, and — wonderfully — ships have started moving through the Strait of Hormuz again. Prices remain attractive, and the outlook is brightening. Here is our clear and welcoming guide. Today’s prices: 24K: ~$130.75/gram | 22K: ~$119.85/gram | 21K: ~$114.40/gram | 18K: ~$98.05/gram What happened over the weekend? The US called off major airstrikes that had been

Welcome to Almasa Alnasea’s gold market update for Friday July 31. Gold has eased back about 1.2% today to around $4,060 per ounce, after two days of gains following the Federal Reserve’s decision. But here is the encouraging news: gold is finishing the month higher — its first monthly gain in five months. Prices remain attractive, and the month has ended on a positive note. Here is our clear and welcoming guide. Today’s prices: 24K: ~$130.40/gram | 22K: ~$119.55/gram | 21K: ~$114.10/gram | 18K: ~$97.80/gram What happened this week? The US Federal Reserve held interest rates steady on Wednesday, which

Welcome to Almasa Alnasea’s gold market update for Wednesday July 29. Gold is holding steady near $4,050 per ounce today, calm and stable despite a busy day: the US-Iran war reignited this morning, and the US Federal Reserve announces an important interest rate decision this afternoon. For our customers, prices remain at attractive levels. Here is our clear and welcoming guide. Today’s prices: 24K: ~$130.05/gram | 22K: ~$119.20/gram | 21K: ~$113.80/gram | 18K: ~$97.55/gram Why is gold so steady today? Two forces are balancing each other. This morning, Iran fired missiles at US forces (they were all shot down), which

Welcome to Almasa Alnasea’s gold market update for Monday July 27. We have genuinely hopeful news to share today. Gold has risen above $4,100 per ounce, up more than 1%, after the US-Iran fighting paused over the weekend and oil prices fell sharply. For the first time this year, the calming of the war has helped gold rise — and while prices are a little higher, they remain well below January’s record, so there is still good value. Here is our clear and welcoming guide. Today’s prices: 24K: ~$131.50/gram | 22K: ~$120.55/gram | 21K: ~$115.10/gram | 18K: ~$98.65/gram Why did