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Large groups are interested in gold prices and their fluctuations, and gold has witnessed a state of wavering between highs and lows during the recent period, which is of course confusing for those who are about to buy gold. in terms of purchase so you don’t go up again or wait for it to decline.
Regarding recent gold prices, we monitored the gold prices during the last transactions from the Plus content, as it witnessed a slight increase of 3 pounds in the goldsmith market, and with it, the price of gold Of the 21 best-selling and traded in Egypt it went up from £ 777 to £ 780 a gram, and we show you the gold prices. Perfect:
24 karat gold today
The price of 24 karat gold ranges from 889 to 891 pounds.
21 karat gold today
The price of 21 karat gold ranged from £ 778 to £ 780.
18 karat gold today
The price of 18 karat gold ranged between 667 and 669 pounds.
The price of the pound of gold today
The price of a pound of gold ranged between 6224 and 6240 pounds.
The relationship of gold to the dollar … and the next expectations
It’s worth noting that gold prices had fallen 2% last week, and this came alongside better-than-expected data on corporate activity in the United States and optimism about the progress of vaccines to prevent Covid disease. -19, fueling hopes for a faster economic recovery and pushing investors to move toward Sub-Risk Assets.
Gold is known to be affected by the strength or weakness of the dollar due to the inverse relationship between the two parties, as the rise of the dollar pushes gold down, and the opposite occurs.
Naguib Club, who is the secretary of the Gold Division, said that the successive rises and falls in gold prices over the last few days were caused by the speculation process, so speculators went to buy, leading to a increase in its price, and gold prices are expected to witness a new rise in the next few days to reach 2000. Dollars an ounce.