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Gold prices fell 12 pounds in goldsmith shops, according to the start of operations today, Wednesday, October 7, after the price of the precious metal fell at the end of Tuesday by 3 pounds.
It tracks the average price of 24, 21, and 18 gold bullets and the pound of gold as follows:
- 18k gold
The price of 18 karat gold ranged from £ 702 to £ 704. - 21k gold
The price of 21 karat gold ranged from £ 819 to £ 821. - 24k gold
The price of 24 karat gold ranges from £ 936 to £ 938. - The price of a pound of gold
The price of a pound of gold was about 6,568 pounds.
Gold prices around the world
Gold registered a fall of more than 1% in the spot market, after the president of the United States, Donald Trump, said that he would stop negotiating an economic package to alleviate the repercussions of Corona until after the elections and prices.
Gold fell on Tuesday, while stocks rose after US President Trump left the hospital after being treated for the Corona virus, but a weak dollar limited his gains, according to “Reuters.”
The day before yesterday, it hit $ 1,918.36, the highest level since Sept. 22, and gold in US futures trading fell 0.2% to $ 1,917.
Asian stock markets rose to a two-week high after news of the US president’s return from the hospital to the White House, while receiving treatment for Covid-19 and awaiting a new US stimulus package.
But the weakness of the dollar and the progress of the talks on the stimulus package limited the fall of gold, and the dollar index fell 0.1% against its rivals, making the yellow metal cheaper for holders of other currencies.
