Gold prices stabilized in the goldsmiths’ shops at the beginning of trading on Tuesday morning, the 15th of September, compared to yesterday evening prices, to record 21 carat, which is the best-selling 853 pounds in the market, and that is the same price that it recorded yesterday in conjunction with the closure of international stock exchanges, amid a state of anticipation As experts in financial markets find it difficult to predict the movement of gold in the current period within the global stock exchanges.
In light of the daily and various services it provides to readers, we monitor the average price of 18, 21 and 24 gold bullets, and the gold pound, during today’s trading, Tuesday, September 15, as follows:
24 karat gold
The price of 24 carat gold ranges between 973 to 975 pounds.
Gold 21 karat
The difference in the price of 21 carat gold ranges between 851 and 853 pounds.
18 karat gold
The price of 18 carat gold ranges between 729 and 731 pounds.
The price of a pound of gold
The price of a pound of gold reached a value of 6 thousand 824 pounds.
As gold prices jumped by as much as 1% on Monday, which made investors organize a meeting of the US Reserve Board that week, according to “Reuters”.
The dollar index fell to 0.3% against its competitors as the market awaited, which enhances the attractiveness of the yellow metal to investors, and limits investors’ appetite for high-risk assets with the return of hopes for a possible vaccine for Covid-19 after AstraZeneca resumed to clinical trials.
Where the spot price of silver rose to a rate of 1.6 percent to $ 27.17 an ounce, and platinum jumped by 3.22 percent to $ 954.80 an ounce, while palladium fell 0.76 percent to $ 2303.30 an ounce.
Gold journey during 3 months ago:
The results of the Corona virus related to the gold market initially led to last July, as gold prices began to gradually rise within the local market, and the rise continued until, in mid-July, it reached its highest point in its history, where 24 gauge exceeded the amount of 1000 pounds, at the top Point to him, and that was affected when the dollar fell.
Then, gold prices began to gradually decline, until they reached from the prices that preceded the wave of rise at the end of July, and gold prices continued between the decline and slight increase in prices due to the fluctuation of the dollar price.
The head of the gold division at the Chamber of Commerce, Wasfi Wassef, explained that the outbreak of the new Corona virus pandemic was the reason behind the gold prices reaching its highest point in history, as the rise came to reach 43% from the beginning of the year until now, as gold prices began On the first of last January at 632 pounds, noting that gold sales witnessed a decrease in sales in the second quarter of this year by up to 70%.
Wasfi Wassef indicated to citizens to advise citizens when buying gold to buy it during periods of decline in prices, as prices are expected to rise again, and he also advised them to buy gold bars, and avoid buying jewelry if the goal of buying it is saving, and that is until Do not lose the price of workmanship.
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