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A decline in gold prices … and a member of the Jewelers Division warns of an anticipated increase (Know the date)

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Gold prices decreased at the local level by 4 pounds, as the 21-carat most traded in the local market fell, to 811 pounds per gram.

Amir Rizk, a member of the Jewelers Division of the Federation of Chambers of Commerce, confirmed that there is a decrease in the price of an ounce worldwide as a result of what was announced by the pharmaceutical companies about the Corona vaccine, and that the price of an ounce has become $ 1,865.

Rizk added to Al-Masry Al-Youm that the 24 caliber became 926 pounds per gram, 21 caliber was 811 pounds, 18 caliber became 694 pounds per gram, and the gold pound was 6490 pounds.

He indicated that prices are supposed to decrease during the coming period, until the New Year’s Eve celebrations, in which the demand for gold is bought, which will contribute to the rise again.

Rizk warned of high prices at the beginning of 2021, asking whoever wants to buy should go to buy it immediately

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