Gold prices collapse at Sudanese mine in South Darfur region

Khartoum’s Sango gold mine in South Darfur has seen a sharp price collapse, disrupting a key source of income for local communities.

Traditional miners said gold prices fell to 50,000 Sudanese pounds per gram, down from about 450,000 pounds a week earlier.

The sudden drop halted trading activity as buyers withdrew amid uncertainty over market stability.

Traders are struggling to secure new production, fearing further losses in a volatile market affected by conflict and inflation.

Workers warned the collapse has cut incomes overnight, increasing economic pressure in a region already facing severe hardship.

Authorities have not announced an official explanation for the price decline.

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