Gold prices fell by 13 pounds in the goldsmiths market in Egypt, so that the 21-carat gold, which is the best-selling and traded in Egypt, fell from 800 pounds to 787 pounds per gram, at the lowest price for gold in Egypt in the second half of 2020, which is the lowest price for gold within 5 months.
Gold prices today in:
18-carat gold records 674.5 pounds.
Gold 21 carat records 787 pounds per gram.
24-carat gold recorded 899.4 pounds.
The gold pound is 6296 pounds.
An ounce of gold is $ 1810.
The price of gold had retreated 16 pounds since yesterday evening, and with this decrease, the total decline in the price of gold in Egypt becomes 29 pounds per gram until the formulation of these lines.
The decline in the price of gold in Egypt is due to the fall in the global price of gold to $ 1810 per ounce after it was recorded at $ 1873, which was reflected in the price of gold in the goldsmiths market.
The reasons for the global decline in the price of gold today is due to the investors’ appetite for selling gold as a safe haven, and the trend towards the dollar and stocks, as pharmaceutical companies race to announce the results of their successful experiments on a drug to treat the Corona virus.
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