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Gold prices registered £1,600 in evening trading

testimony gold prices In evening trading today, Tuesday, an increase of about 50 pounds, to record the price of 1600 pounds of 21-karat gold, after international gold prices rose to the $1820 level.

18 karat registered 1371 pounds.

21, record 1600 lbs.

And 24 carats registered 1829 pounds

The gold pound is £12,800.

Globally, gold contracts rose sharply in today’s trading, adding 1.33% to its value and logging $1820.12 an ounce, while spot gold contracts rose 1.21 % to trade at $1819.92 an ounce, and this increase is influenced by the positive news that came out of China during the Asian session, in which China announced that it will ease the Coronavirus restrictions in January of 2023 – and this issue would raise expectations regarding the recovery of the Chinese economy and stimulate aggregate demand, including the demand for gold; Taking into account that China is at the top of the list of producers and consumers of the yellow metal.

The dollar index fell 0.13%, registering 103.868 points against a basket of foreign currencies, as the euro stopped against the dollar at 1.0639 with a marginal movement, and the ruble fell dollar by 1.60%, registering 70,400 .

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