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Gold prices are experiencing a slight decline today, Sunday, 10-5-2020, according to the latest updates on jewelers in the local Egyptian market. Gold declined by 4 pounds in two days, making the 21-day record the most frequent and sold 746 pounds based on morning trading at the beginning of the week. The yellow metal is unstable, and varies from rising from one time to another due to global economic stress, as gold is affected by international price movements in light of this crisis.
Gold prices today are almost stable in jewelers
Gold did not achieve what investors expected in this week’s transactions, as they expected the yellow metal to make up for the loss it witnessed over the past week, which fell 1.5% in value, and in goldsmith shops In Egypt, prices stabilized at the end of the trade yesterday, Saturday, and are still stable during today’s trade.
Gold prices have stabilized today as they tend to stabilize since yesterday’s close of business, so I recorded the price of an ounce of gold according to today’s latest update from the World Metal Exchange, $ 1704, the same price yesterday, after witnessing a decline of $ 20 at the start of trading yesterday, Saturday, and therefore the result will be the effect of local prices in Egypt. Back
Gold prices settled today in goldsmith shops
It is easy for gold to make up for the loss from the previous week as it based its expectations on two reasons, namely the political tensions between China and the United States in the context of the United States’ accusation that it was the cause of the spread. of the Corona virus outside the borders of their lands and, secondly, the negative data that the American economy is experiencing.
We show the average gold prices today according to the latest updates and mid-day deals without labor, as they may differ from one goldsmith to another with the possibility of changing these prices at the end of the day’s transactions as a result of the precious metal instability, which varies between ups and downs in hours.
Unit | The price of gold in Egyptian pounds |
---|---|
Caliber 24 | 850 to 853 |
Caliber 22 | 779 to 782 |
Caliber 21 | 744 to 746 |
Caliber 18 | 638 to 639 |
Caliber 14 | 496 to 497 |
12 gauge | 425 to 426 |
The ounce | 26,444 to 26,515 |
Golden pound | 5,952 to 5,968 |
Kilo | 850,286 to 852,571 |
Gold prices may vary from one goldsmith to another. |