Yemen’s Gold Markets Hold Steady Amidst Price Differences
Aden and Sana’a See Minor Fluctuations in Precious Metal Values
Gold prices across Yemen demonstrated remarkable stability on Friday, July 18, 2025, with local markets registering only minor variations between the two major cities of Aden and Sana’a.
Aden’s Gold Market Report
In Aden, the price for a grand of 21-carat gold was set at 262,500 Yemeni riyals for buying and 297,500 Yemeni riyals for selling. The gold pound, a common unit of trade, was being bought for 2,100,200 Yemeni riyals and sold for 2,125,000 Yemeni riyals.
Sana’a’s Pricing Trends
Meanwhile, in Sana’a, the currency valuation led to different figures. The grand of 21-carat gold was available for purchase at 48,800 Yemeni riyals, with a selling price of 51,300 Yemeni riyals. Similarly, the gold pound was priced at 394,000 Yemeni riyals for buying and 399,000 Yemeni riyals for selling.
Market Stability and Global Influences
This general steadiness in gold prices can be attributed to the ongoing influence of both global economic trends and internal factors affecting the precious metals sector. The persistent, natural price disparity between Aden and Sana’a continues to be a notable feature of Yemen’s gold trade.
Globally, gold prices are often influenced by inflation expectations and currency strength. For instance, as of early 2025, the U.S. dollar’s performance against other major currencies has been a key driver of gold’s international value, impacting markets worldwide (Reuters, 2025).
