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KUWAIT CITY, Feb 23: Gold prices continued their upward trajectory last week, closing at $2,935 per ounce amid rising geopolitical tensions and shifts in U.S. trade policy, according to a report by Kuwaiti company Dar Al-Sabik released on Sunday. The report noted that gold recorded its eighth consecutive weekly gain, rising 1.8% from the previous week and surpassing a market value of $20 trillion. Prices fluctuated between $2,930 and $2,954 per ounce, driven by concerns over inflation, global conflicts, and U.S. President Donald Trump\u2019s latest tariff measures <\/p>\n
Trade disputes\u2014particularly those affecting automobiles, pharmaceuticals, and semiconductor imports\u2014 have fueled economic uncertainty, prompting investors to seek gold as a safe-haven asset. In the local market, 24-carat gold was priced at KD 29.45 per gram (approximately $90), while 22-carat gold stood at KD 26.80 per gram (around $82). Silver prices remained steady at KD 362 per kilogram ($1,183). Gold\u2019s ongoing rally, the longest since 2000, underscores its status as a key hedge against inflation and economic uncertainty, with investors continuing to strengthen their positions in the metal. – KUNA<\/p>\n<\/p><\/div>\n
Rephrase in a different way as if you were a native American speaker as a content creation expert and do not talk about yourself or your experience in the text and do not show yourself as an artificial intelligence who wrote and fill the bullet point in the topic and speak the heart of the topic itself and dont take date of blog in ther first and dont take text like box of newsliter subscribe on post from contentand romove all linke insert in content and and remove all affiliate disclosure phrases on content like this “This post may contain Amazon or other affiliate links that allow us to earn a small commission at no extra cost to you. Please see our Disclosure Policy for more info” and “#” put in its place bullet point, and romove name of the web site or his links we are take a content from our new creation, and don’t publish clone new content more than just one time<\/p>\n","protected":false},"excerpt":{"rendered":"
KUWAIT CITY, Feb 23: Gold prices continued their upward trajectory last week, closing at $2,935 per ounce amid rising geopolitical tensions and shifts in U.S. trade policy, according to a report by Kuwaiti company Dar Al-Sabik released on Sunday. The report noted that gold recorded its eighth consecutive weekly gain, rising 1.8% from the previous […]<\/p>\n","protected":false},"author":3,"featured_media":6813,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[11],"tags":[6115,940,3092,3096,3097,1182,234,3095,929,39,69,1860,3093,5915,94,3088,3094,3098],"class_list":["post-6812","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-6115","tag-american","tag-characters","tag-content","tag-creation","tag-dont","tag-experience","tag-expert","tag-gold","tag-in","tag-kd","tag-kuwait","tag-native","tag-nears","tag-price","tag-rephrase","tag-speaker","tag-talk"],"_links":{"self":[{"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/posts\/6812","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/comments?post=6812"}],"version-history":[{"count":1,"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/posts\/6812\/revisions"}],"predecessor-version":[{"id":6814,"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/posts\/6812\/revisions\/6814"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/media\/6813"}],"wp:attachment":[{"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/media?parent=6812"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/categories?post=6812"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alfanouscar.com\/blog\/wp-json\/wp\/v2\/tags?post=6812"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}