Gold prices are rising 5 pounds, and 21 karat is 795 pounds per gram

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Gold prices rose today, Friday, by 5 pounds in the goldsmiths market in Egypt, and the gold price of 21 carat, which is the best-selling in Egypt, rose 795 pounds, against the backdrop of the rise of an ounce of gold to 1805 dollars.

Gold prices today..

Caliber 18 recorded 681 pounds.

Caliber 21 recorded 795 pounds.

Caliber 24 recorded 908 pounds.

The gold pound is 6360 pounds.

An ounce of gold is $ 1805.

Gold sales in Egypt recorded a 50% decline in January 2021, compared to the same month last year, according to what Raafat Farid, a Giza gold dealer, said, and who confirmed that the decline in gold sales came as a result of measures to confront Corona and the decrease in the number of weddings as well as the great rise In the price of the yellow metal.

“The seventh day,” said Raafat Farid, “The seventh day”, that the market is currently witnessing a high demand for gold jewelry of light weights, whose weights range from 2 to 4 grams, of different caliber, especially 18 carat, which is now well received in the market.

He pointed out that the future of the gold price movement is unclear so far, with the approaching US plan and stimulus package estimated at $ 1.9 trillion, which affects the movement of the price of gold, because the dollar is subject to constant change, as well as the continuous rise and fall of the yield of American bonds, which are all factors affecting the movement Precious metal.



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