Communication gold prices In today’s morning trading, Monday 26 December 2022, it dropped by £10, with a significant increase in the supply of gold on the markets and a drop in demand after the recent decisions by the Central Bank to raise interest rates by 3%. as gold prices in morning trading recorded a decline of about 30 pounds per gram in two stages.
Gold prices today:
18 carats registered 1338 pounds.
21 carat registered 1610 pounds.
And 24 carats registered 1840 pounds.
The gold pound is £12,880.
And testify gold market now A large supply of gold amid reluctance to buy due to rising interest rates on the pound, which has contributed greatly to the decline in the gold price over the past four days, bringing the total value of the gold price decline to £140, as the price of an ounce of 21-karat gold dropped from £1,750 per gram to £1,610 per gram, amid gold market followers expecting it to drop further in the coming hours, coinciding with the continued availability of increased gold supply.
Today, Monday, the market recorded a drop of about 30 pounds per gram, due to supply and demand factors following the Central Bank’s decisions to raise interest rates, which had a positive effect on the markets and there was a state of calm and reassurance, and speculation in gold stopped.
