assisted Gold charges now In the evening trades, a noteworthy rise of all around £ 7, just before slipping by £ 2 some time back, to shut the sector with a rise of only about £ 5, with the demand for gold partly higher in Egypt in the present period, in since the past interval has noticed a decrease in demand from customers for gold because of to expectations of a additional fall in the rate of gold in the Egyptian industry.
Gold prices now As for 21 carats, it was 1085 pounds per gram, and the value of 18-karat gold was 930 lbs . per gram, and the value of the pound of gold was really worth 8680 pounds and the selling price of a 24-karat gram was 1240 lbs. at the time of writing these lines.
On the stage Gold prices on the entire world stock tradeThe selling price of the ounce registered $ 1765 following recording concentrations of $ 1775, and gold is less than force from the rise in the dollar and bond yields, and there is expectation for the final result of the United States Federal Council conference. of 26 August, as expectations suggest that the reserve will proceed its financial tightening coverage to cope with inflation, the greatest stage in the previous 40 several years.
U.S. markets are also awaiting the release of the retail profits data, as properly as the minutes of the Federal Reserve assembly, which saved all of this facts waiting, as the greenback remained seriously below strain on non-yielding gold in the very same context, the increase in the greenback puts pressure on gold and cuts down the attractiveness of valuable metals.
At the amount of other important metals, the selling price of silver in spot transactions rose .2% to $ 20.15 an ounce, platinum fell by the identical share to $ 933.02, and palladium also rose by the same share. .2 to $ 2,157.93.
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