Gold & Mining

Gold Prices Surge to Record $3,968 Globally and Hit New Highs in Sudan

Reliable economic sources have reported a sharp rise in global and local gold prices on Thursday, October 30, 2025, with the international gold index surpassing $3,968 per ounce — up by $38.17 or 0.97%, in what analysts described as an “unprecedented rally since the start of the fourth quarter.”

According to data obtained by Al-Rai Al-Sudani, the price of gold in Sudan reached approximately SDG 2,387,118.92 per ounce, supported by synchronized increases across all purity levels.

  • 24-karat gold rose to SDG 76,747.67 per gram.
  • 21-karat gold stood at SDG 67,154.23 per gram.
  • 18-karat gold climbed to SDG 57,560.72 per gram.

Global trading data showed spot prices stabilizing at $3,968.56 (sell) and $3,969.23 (buy) per ounce, fluctuating between a daily high of $4,011.81 and a low of $3,915.38 amid volatile market conditions.

In Sudan’s local markets, gold bars mirrored the global uptrend — with the 1-kilogram bar priced around SDG 67,154,226.90, while the 100-gram bar reached SDG 6,715,422.69, reflecting growing investor demand for gold as a safe-haven asset.

Analysts attribute the continued volatility in gold prices to fluctuating U.S. interest rates, fears of global recession, and increased risk aversion among investors, factors that have kept gold at the forefront of global investment strategies in recent weeks.

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