Significant Decline in Gold Prices in Sana'a and Aden Today, Saturday, October 31, 2026
Gold prices witnessed a significant decrease in Sana'a and Aden on Saturday, despite slight variations from one shop to another.
The price of a gram of 21-karat gold in Aden reached about 169,000 Yemeni rials of the new currency, while in Sana'a it reached about 58 rials of the old currency.
Regarding the gold guinea (8 grams of 21-karat), its price exceeded 1,374,000 rials in Aden, while it surpassed 471,000 rials in Sana'a.
These prices are for purchasing from citizens, while they increase slightly when sold to customers, as a profit margin is calculated for each gram of the yellow metal.
The exchange rate of the local currency differs between Houthi-controlled areas and government-controlled areas; the dollar exchange rate in Sana'a is about 535 rials, compared to 1560 rials in areas under the control of the internationally recognized government.
It is worth noting that gold prices change from time to time and vary relatively from one shop to another in Yemen's markets, depending on global and local market movements, and supply and demand.
المصدر: Almahriah Net
