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Gold prices are down 6 pounds, 21 carat records 747 pounds per gram

Gold prices in Egypt recorded today, Saturday, a 6-pound decline in Egypt, after rising over the past three days to the highest levels in Egypt above 750 pounds per gram of 21 carat, which is the most popular and best selling in Egypt.

The price of 21 carat gold, the most traded, reached 747 pounds per gram, which is a relatively high price and remains at levels that exceed the capabilities of the Egyptian consumer, according to manufacturers and traders in Egypt.

Gold prices after falling ..

Caliber 18 recorded 640 pounds per gram
Caliber 21 recorded 747 pounds per gram
Caliber 24 recorded 853 pounds per gram
The gold pound is 5976 pounds
An ounce of gold is 1723 dollars.

Gold prices fell when settling trading on Friday, in a volatile session, but achieved strong weekly gains amid economic problems and the continuing effects of the outbreak of the Corona virus.

The fall of the yellow metal comes with the rise of “Wall Street” during trading and amid the fluctuations of the American currency, and the precious metal benefited this week from issuing stimulus packages from the United States, where it is seen as a hedge against inflation and a decline in the value of the currency as it is considered a safe haven in the midst of economic problems And political.

Upon settlement, the price of zero metal futures for the month of June delivery fell by 0.6% to $ 1735.60 an ounce after recording the level of $ 1760.20 an ounce during the session. Gold prices achieved gains of about 2.2%, or the equivalent of $ 37.

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