Gold prices rose, today, Tuesday, by 5 pounds at the beginning of trading, as the 21-carat gold, the best-selling and most traded gold in the Egyptian goldsmiths market, climbed 880 pounds per gram, after falling prices yesterday at the same value.
Gold price today in Egypt …
Caliber 18 recorded 754 pounds per gram
Caliber 21 recorded 880 pounds per gram
Caliber 24 recorded 1005 pounds per gram
The gold pound is 7040 pounds
An ounce of gold is $ 1975
Gold prices rose to an unprecedented record yesterday, Monday, with demand for the metal as a safe haven boosted by concerns about the economic implications of growing Covid-19 injuries, but a rise in the dollar limited the gains.
By 0635 GMT, the spot price of gold was stable at $ 1973.75 an ounce, after hitting a record high of $ 1984.66 in early Asian trade.
“Sentiment is deteriorating in all markets,” said Michael McCarthy, chief strategist at CMC Markets. First, growing rates of infection are a real concern for the world and a source of real support for gold prices. In light of this, it is also pushing the US dollar higher.
Corona virus infection continued to rise in the United States, with the number of infections reaching 17.96 million globally.
In other precious metals, silver fell 0.5 percent to $ 24.26 an ounce, and platinum fell 1 percent to record $ 897.61, while palladium settled at $ 2090.22 an ounce.
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