Gold prices are down 6 pounds, 21 carats registers 747 pounds per gram



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Gold prices in Egypt registered a drop of 6 pounds in Egypt today, Saturday, after rising over the past three days to the highest levels in Egypt above 750 pounds per 21-carat gram, which is the most popular and best-selling in Egypt.

The price of 21-carat gold, the most traded, reached 747 pounds per gram, which is a relatively high price and remains at levels that exceed the capabilities of the Egyptian consumer, according to manufacturers and traders in Egypt.

Gold prices after falling ..

The 18 gauge registered 640 pounds per gram
Caliber 21 recorded 747 pounds per gram
The 24 gauge registered 853 pounds per gram
The golden pound is 5976 pounds
An ounce of gold is $ 1,723.

Gold prices fell when operations settled on Friday, in a volatile session, but made strong weekly gains amid economic problems and the continuing effects of the outbreak of the Corona virus.

The fall of the yellow metal occurs with the rise of “Wall Street” during trade and amid fluctuations in the US currency, and the precious metal benefited this week from the issuance of stimulus packages from the United States, where It is considered a hedge against inflation and a decrease in the value of the currency, since it is considered a safe haven in the midst of economic problems. And political.

Following settlement, the price of zero metal futures for the June delivery fell 0.6% to $ 1,735.60 an ounce after recording the level of $ 1,760.20 an ounce during the session. Gold prices made gains of around 2.2%, or the equivalent of $ 37.

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