Today, Monday, the beginning of the week’s trading, gold prices witnessed a remarkable increase of 5 pounds in the goldsmith market, as the 21-carat gold, which is the most traded in Egypt, rose from 810 to 815 pounds per gram, with expectations of price changes in the coming hours in light of a marked fluctuation in global stock exchanges.
The rise in the price of a gram of gold in Egypt, on the first day of February 2021, came as a result of a noticeable increase in the price of an ounce of gold, from $ 1844, which is the closing price of the past week, to $ 1865 now, with the opening of trading on gold on the first day of this week, so that trading stopped on Sunday from every week.
Gold prices today:
18 caliber recorded 698 pounds per gram.
Caliber 21 recorded 815 pounds per gram.
Caliber 24 recorded 931 pounds per gram.
The gold pound is 6520 pounds.
An ounce of gold is $ 1865.
The rise in the global price of gold comes in a changing and volatile climate in the stock exchanges and the movement of stocks, which leads to an increase in demand for safe havens, including gold, but the market has witnessed since last week several fluctuations and great speculations that the price of gold has changed throughout the day more than once.