witnessed gold prices Today in the Egyptian market, an increase of regarding 4 pounds following a significant decline in prices in global stock exchanges at the conclusion of trading yesterday, and gold began to decline following the markets absorbed the decision to ban oil imports from Russia, and during the following lines we shed light on the developments in gold prices at the time of drafting these lines, both in global stock exchanges Or the local market with the return of prices to rise.
Gold price per gram today:
Carat 18 records 754 pounds.
21 karat records 878 pounds.
24 karat records 1004 pounds.
Has stepped up gold prices To an unprecedented record level today at 2070, with the strengthening of demand for the metal as a safe haven due to concerns regarding the economic repercussions of the growing injuries of Covid-19, which is the highest level of the yellow metal, as the ounce broke the resistance barrier in the past days
The Ukrainian-Russian war casts a shadow over the global markets, where the movement of stocks, currencies and oil continued to record high levels, and during the spot transactions this morning, the global market witnessed the continued demand for the yellow metal as a safe haven, but to a lesser extent than in the past days.
Gold prices on global stock exchanges exceeded $2000 at the time of writing these lines, following falling below $190 yesterday, but the demand for gold has risen once more.