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Gold prices registered an increase in the goldsmith shops during the start of trading today, Tuesday, September 29, compared to the closing of trading on Monday, as prices registered stability, and the price of 21 karat gold . The market bestseller is around 816 pounds.
Average gold prices are 24, 21 and 18 pounds of gold, and the pound of gold is as follows:
- 24k gold
The price of 24 karat gold ranges from 938 to 941 pounds. - 21k gold
The price of 21 karat gold ranges from £ 821 to £ 823. - 18k gold
The price of 18 karat gold ranges from 704 to 705 pounds. - Gold price per pound
The price of a pound of gold was about 6,584 pounds.
And all over the world; Gold prices stabilized today, Tuesday, and the dollar fell from its highest level in two months, as investors watch the first American presidential debate and the development of a new bill to help the Corona virus in the United States, according to the Al-Arabiya newspaper.
There was little change in the yellow metal in the spot market, as it was set at $ 1,880.01 an ounce, and gold rose 1.1% in the previous session, the largest daily increase since the end of August.
Gold futures in the United States rose 0.2% to $ 1,885.50 an ounce, the dollar index fell from a two-month high of 94.745 reached last week, and a weak dollar lowered the cost of gold to traders. holders of other currencies.
Reasons for the high price of gold?
Wasfi Amin, head of the gold division at the Federation of Chambers of Business, said the price increase is linked to the price of an ounce of $ 1,885.20 and speculation in global stocks and markets, noting that despite High prices per ounce, volatility in gold prices remains a safe haven for all investors around the world, especially after deflation. The economy due to the emerging corona virus epidemic
