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Gold prices decreased today by 3 pounds, to continue its decline for the third day in a row by 26 pounds, by 10 pounds on the first day, and 13 on the second day.
Amir Rizk, a member of the Jewelers Division of the Federation of Chambers of Commerce, said that the 21-carat became 827 pounds per gram, instead of 830 pounds, and 18-gauge recorded 708.85 pounds per gram, and 24-gauge recorded 945 pounds per gram, and that the gold pound became 6616 pounds, and the ounce price decreased to 1881. Dollars.
Rizk added to “Al-Masry Al-Youm” that the decline continues due to global speculation and profit-reaping for companies, expecting it to rise again after the end of that period, indicating that despite a significant drop in prices, the local gold market is still stagnant.
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