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Gold prices in jewelry stores have stabilized according to the start of negotiations today, Sunday October 18, compared to the end of transactions yesterday, and we monitor the price of gold today, where the average price of gold bullets is 24, 21 and 18 pounds of gold as follows:
Gold Prices Today in Egypt 10/18/2020
- 24 karat gold
The price of 24 karat gold ranges from 946 to 949 pounds. - 21 karat gold
The price of 21 karat gold ranged from £ 828 to £ 830. - 18 karat gold
The price of 18 karat gold ranged between 710 and 711 pounds. - The price of a pound of gold
The price of a pound of gold was around 6,640 pounds.
International gold prices
During yesterday’s trading, the price of gold fell below $ 1,900, a significant level, and the dollar maintained recent gains after US Treasury Secretary Stephen Mnuchin gave up hopes of a new package. of stimulus ahead of the presidential elections, reported Sky News.
Gold fell 0.2% in immediate trading to $ 1,897.47 an ounce at 0620 GMT, after rising 1.2% on Wednesday.
And US gold futures fell 0.3% to $ 1901.50 an ounce.
Gold, which is a hedge against inflation and currency devaluation, has risen 25% since the beginning of the year amid unprecedented levels of global stimulus to mitigate the economic impact of the epidemic (Coronavirus).
For other precious metals, silver fell 0.6% to $ 24.13 an ounce, platinum rose 0.3% to $ 859.51, and palladium rose 0.4% to $ 2,353.52. .