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Gold prices fell by £175 and the gram registered £1575 for 21 carats

testified gold prices In recent days there has been a drop of about 175 pounds of all bullets circulating on the market, while gold has dropped from 1750 to 1575 pounds per gram, with the cessation of gold speculation.

Gold prices fell in evening trading today, Monday 26 December 2022, to levels below £1575,gram of 21 carats It is the best-selling, for the first time since the beginning of this December, amid great economic optimism after the announcement of relief for the release of raw materials and a significant drop in the price of the dollar in the parallel market, as well as an increase in the gold supply in the markets due to the cessation of speculation.

Gold prices today

18 karat registered 1350 pounds

21 carat registered 1575 pounds

And 24 karat registered 1800 lbs

The gold pound is £12,600.

Gold prices are down £25 a moment ago, with gold supply in the markets significantly increasing and demand decreasing after the Central Bank’s recent decisions to raise interest rates by 3%, as prices of gold in transactions have fallen by about 42 pounds per gram more than once.

The gold market is now seeing a large supply of gold amid reluctance to buy due to rising interest rates on the pound, which has contributed significantly to the decline in the gold price over the past four days, leading the total value of the gold price drop to 175 pounds, while the price of one gram of gold carats decreased.21 From 1750 pounds per gram to 1575 pounds per gram, among the expectations of gold market followers of a further decline in the coming hours, coinciding with the continued availability of a greater supply of gold.

In today’s trading, the market saw a drop of around 70 pounds per gram, due to supply and demand factors following the Central Bank’s decisions to raise interest rates, which had positive effects on the markets and there was a of calm and reassurance, and speculation in stopped gold.

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