Gold Prices Drop Sharply in Sudan Amid Global Market Volatility and Stronger Dollar

Sudan’s gold market witnessed a sharp and unexpected decline on Sunday, October 19, 2025, as global and local prices dropped amid strong dollar performance and continued economic uncertainty, according to financial sources.

Data obtained by Al-Rai Al-Sudani show that the global gold index fell by $76.55 per ounce, equivalent to about SDG 46,044.83, as ongoing U.S. dollar strength and global market pressures weighed heavily on precious metal prices.

Video feeds from international trading platforms indicated that the ounce price reached $4,251.64, down 1.77% from the last close.

• Selling price: $4,250.85
• Buying price: $4,252.34
• Session high: $4,379.65
• Session low: $4,186.88

In Sudan’s domestic market, the price per ounce dropped to SDG 2,557,361.46, as the Sudanese pound weakened further against the U.S. dollar.

Updated gold prices per gram were as follows:

• 24K: SDG 82,221.08 ($136.69)
• 22K: SDG 75,369.33 ($125.30)
• 21K: SDG 71,943.43 ($119.61)
• 20K: SDG 68,517.59 ($113.91)
• 18K: SDG 61,665.84 ($102.52)

Gold bar prices also reflected the downturn:

• 1 kg bar: SDG 71,943,430.05
• 100 g bar: SDG 7,194,343.01
• 50 g bar: SDG 3,597,171.50
• 20 g bar: SDG 1,438,868.60
• 10 g bar: SDG 719,434.30
• 5 g bar: SDG 359,717.15

Market analysts said the sudden surge in the U.S. dollar index has significantly pressured gold, reducing its appeal as a safe-haven asset, especially amid positive signals from the U.S. economy.

In Sudan, traders report a noticeable slowdown in retail gold purchases, contributing to the price decline.

Experts anticipate continued price fluctuations in the coming days as investors await decisions from major central banks on interest rates. Any further U.S. rate hikes could add more downward pressure on gold.

Despite the drop, some Khartoum gold dealers see the current levels as a strategic buying opportunity, particularly ahead of the year-end period, when gold prices typically recover.

For Sudanese citizens and investors alike, gold remains a key hedge against the ongoing depreciation of the local currency, preserving value amid financial instability.