Gold prices globally and locally recorded a significant decline today, Tuesday, with a tendency to take profits after the rise of an ounce of gold to 1683 dollars in the highest level of globally since March 2013.
In the goldsmiths market in Egypt, the price of gold fell today, Tuesday, by 3 pounds after falling 9 pounds yesterday evening, making the total since yesterday evening a decrease of about 12 pounds, following the drop in the price of an ounce of gold from 1683 to 1656 dollars, with a tendency to profit-taking.
Gold prices today in Egypt
Caliber 18 records 611 pounds.
Caliber 21 records 713 pounds.
Caliber 24 records 815 pounds.
The gold pound is 5704 pounds.
An ounce of gold is 1656 dollars.
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The death toll from the “Corona virus” rose yesterday to 2592 cases after the past 24 hours recorded 150 deaths, with the exception of one case – in Hubei Province, the epicenter of the epidemic in the center of the country.
This toll represents a significant increase, compared to that recorded Sunday, when 97 people died of the virus. The National Health Committee said that the number of confirmed cases of the virus to date has risen in the mainland of China (excluding Hong Kong and Macao) to more than 77 thousand cases, after In the last 24 hours, there were 409 new infections, mostly in Hubei.
Asian currencies fell yesterday, as the rapid spread of the Corona virus outside China led to fears of a pandemic and prompted investors to seek safe haven assets in gold, the dollar and the Swiss franc, according to international news agencies.
The currencies of China, Australia, and New Zealand declined, as did the currencies of emerging markets in several countries, in light of the high demand for safe havens and gold, but the trend to take profits after these rises in gold caused the decline.
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