Gold prices are falling for the third time by 17 pounds and 21 karat at 870 pounds per gram

Gold prices recorded at noon today in Egypt a decline of 13 pounds to reach 21 carat, which is the best-selling in Egypt 887 pounds per gram in the goldsmiths market, after the global price of an ounce of gold fell to less than two thousand dollars, recorded at 1986 dollars now, with another drop in prices for the next few hours. .

This decline comes after the morning price drop of 23 pounds, bringing the total value of the drop in the price of gold in Egypt to 40 pounds per gram.

Gold price today:

Caliber 18: 745 pounds per gram.

Caliber 21: 870 pounds.

Caliber 24: 994 pounds.

Gold pound: 6960 pounds.

World price: $ 1,950.

Investors are heading to reap profits after gold hit record levels, while the US dollar kept its gains on Tuesday after it rose to its highest level in a week against the euro, as tension between the United States and China strengthened and agreement on financial stimulus in the US Congress faltered in safe-haven assets.

On Monday, congressional leaders and officials from President Donald Trump’s administration said they were ready to resume negotiations on a deal to mitigate the effects of the coronavirus crisis. But it was not clear if they would be able to overcome their differences.

At the same time, China imposed sanctions on 11 US citizens, including Republican members of the House of Representatives, in response to Washington’s imposition of sanctions on officials in Hong Kong and China.

The market’s reaction to the Sino-US dispute was limited, but analysts said these confrontations would have complications in the longer term.

The euro settled in trading against the dollar at $ 1.1736 after it fell to $ 1.1722 earlier in the session, its lowest level since the fourth of August. Before that, the dollar fell for the seventh week in a row, and traders said it was about to record a short-term corrective jump.

The euro has recently received support from opinions that the continent is doing better than the United States and is dealing much better with the Corona pandemic.

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