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Gold prices stabilized today in the local market, due to the closing of the world stock markets, to register the best sale price of 21 carats in the market at 829 pounds, which is the same price that it registered yesterday Saturday, in a pending situation where financial market experts find it difficult to predict the movement of gold in the current period on world stock exchanges, and the stock market is expected to open on Monday.
In light of the daily and various reports that it provides to readers, the average price of gold bullets is 18, 21 and 24, and the pound of gold, during the day today, Sunday, October 4, follows:
- 24k gold
The price of 24 karat gold ranges from £ 945 to £ 947. - 21k gold
The price of 21 karat gold ranged from £ 827 to £ 829. - 18k gold
The price of 18 karat gold ranged from £ 709 to £ 711. - The price of a pound of gold
The price of a pound of gold was about 6,632 pounds.
Gold reaches its highest point in its history, both globally and locally
Gold prices rose to their highest level since 2011, when trading closed on Friday, June 30, on global and regional stock exchanges, amid expectations of further increases amid global fears of the Corona virus.
Ihab Wasef, deputy director of the gold division of the Federation of Egyptian Chambers of Commerce, said that gold peaked 9 years ago, due to fears of the global Corona virus, adding that for the local market, the price reached its highest point.
He added that gold futures broke the $ 1,800 an ounce barrier and the market price of an ounce of gold sold at $ 1,782 at the time.
