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The price of gold fell on world stock exchanges on Friday at the end of the trading of futures contracts last week, while the price of gold yesterday sealed higher for direct contracts, and the price of gold today in Egypt is in line with international prices. expected to see gold prices today, Saturday, tomorrow, Sunday, stability The prices are due to the world stock market holiday, pending the start of the works next Monday, corresponding to 3-5-2021.
Gold prices stabilized today in Egypt around Friday’s closing trading prices, and today’s gold prices were as follows:
The price of one gram of 24 karat gold in Egypt is 858 pounds.
The current price of 21 karat gold in Egypt is 751 pounds.
The price of 18 karat gold today in Egypt is 644 pounds.
The price of a pound of gold today in Egypt is 6008 pounds.
The price of an ounce of gold in Egypt is 26,693 pounds.
The price of a kilo of gold today in Egypt is about 858 thousand pounds.
Gold prices are expected to stabilize today in Egypt during Saturday and Sunday transactions solely due to market price control and local law of supply and demand on gold prices within Egypt, and prices are expected to rise and fall within two days within the 3-pound range at the most, even when the global stock exchanges are working again.
Gold prices are generally controlled by the forces of purchase within the local market known as the forces of supply and demand, as well as the rise and fall of the price of the dollar, which is related to an inverse relationship with the price of gold. globally and, of course, in addition to the global price of gold, which is determined by prices on global exchanges for direct transactions and futures contracts.
World gold prices saw an increase in price in direct transactions at the end of last week’s transactions on world stock exchanges, while the price decreased relative to futures contracts.
And the price of gold for direct transactions reached the closing of yesterday’s transactions at 1700.06 dollars, while the opening price was 1697.04 dollars, and the price range was during the day on Friday; The last trading days of the world stock exchanges last week ranged between $ 1687.17 and $ 1707.56 with a price range of $ 20.39.
The price of gold fell on Friday night on the last day of global trading last week to $ 1,698, and the opening price yesterday was $ 1,695.60, and the price range during Friday’s trading ranged from $ 1,684.05 and $ 1705.60, with a price range of $ 21.55.
The price of gold for futures contracts decreased during last week’s trading, from an opening price of $ 1732.80 from $ 1732.80 to $ 1698 at the end of Friday’s trading, with a drop during last week’s trading. from $ 34.8.
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