Gold prices witnessed at the beginning of evening trading today, Tuesday, a remarkable increase of regarding 15 pounds per gram, as the 21 carat gold gram, which is the best-selling, moved from 1065 pounds per gram to 1080 pounds, with a move in the price of the dollar in Egypt, which is reflected in the price of gold.
Gold prices today:
Carat 18 recorded 926 pounds per gram.
21 caliber record 1080 pounds per gram.
24 carat record 1234 pounds per gram.
The gold pound is 8640 pounds.
In the global stock market, gold prices stabilized and headed towards recording the fourth consecutive weekly increase in light of the general weakness of the US dollar faced by pressures from the increase in the yield on treasury bonds, as well as the expectations of raising US interest rates.
And the dollar is regarding to incur its third weekly loss in a row, which makes gold less expensive for holders of other currencies, and for other precious metals, silver fell in spot transactions 0.2% to $ 20.34 an ounce, and platinum fell 0.1% to $ 955.16 an ounce, and palladium fell 0.6% to 2262.53 dollars per ounce.