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Gold prices today Tuesday, December 15, 2020 The price of gold rose 9 pounds after Joe Biden officially won the presidency of the United States of America from the Electoral College yesterday after all 538 members voted, according to the results of the elections. last month in your states.
Gold prices in local markets today, December 15
The price of 24 karat gold is recorded at 928.54 pounds, which is equivalent to 59.10 US dollars, while the price of 22 karat gold is recorded today at 851.17 pounds, which is equivalent to 54.18 dollars The price of 21 karat gold is equal to 812.50 pounds, which is returned at 51.71 US dollars, compared to the price of 18 karat gold recorded today. 696.42 pounds, which is equivalent to 44.33 US dollars, and per pound of gold 6,500 pounds 413.71 US dollars.
Gold expert firms
Mr. Wassef Wasif, head of the general gold and jewelry department of the chambers of commerce, expected that the rise in gold would be “the master of the situation” for the next 24 hours, due to the victory of Joe Biden, which gave investors the courage to further stimulate demand for gold, and that gold makes up a large part of jewelry exports. Cream in Egypt, which exceeds one billion dollars a year, and crude gold and alloys are exported, not finished products, by the stamp that is not accepted outside the country.
Gold reserves
Reserves in international banks have a slight effect on the price of gold in general, so any purchase or sale of part of this reserve affects the price of gold, especially in the main countries of the gold industry.
