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Gold prices fell by 13 pounds on the Egyptian goldsmith market, causing the 21-karat gold, which is the best-selling and traded gold in Egypt, fell from 800 pounds to 787 pounds per gram, at the lowest price in the world. gold in Egypt in the second half of 2020, which is the lowest gold price in 5 months.
Gold prices today in:
674.5lb 18K Gold Record.
21 karat gold registers 787 pounds per gram.
The 24 karat gold registered 899.4 pounds.
The pound of gold is 6296 pounds.
An ounce of gold is $ 1810.
The price of gold had fallen 16 pounds since last night, and with this drop, the total fall in the price of gold in Egypt becomes 29 pounds per gram until the formulation of these lines.
The fall in the price of gold in Egypt is due to the drop in the global price of gold to $ 1810 an ounce after it was recorded at $ 1873, which was reflected in the price of gold in the goldsmith market.
The reasons for the global decline in the price of gold today are due to investors’ appetite to sell gold as a safe haven, and the trend towards the dollar and equities as pharmaceutical companies rush to announce the results of their successful experiments with a medicine to treat Corona virus.
