Gold prices are declining globally and the local continues to rise.. video

The Seventh Day TV provided special coverage on the prices of gold or the yellow metal, as the coverage referred to gold prices during trading on Saturday, whether morning or evening.

And the coverage continued, that prices rose on Saturday morning by regarding 2 pounds per gram of bullets traded in the gold market, and the rise in gold in Egypt came despite the significant decline in an ounce of gold on the global stock exchange to record levels that are the lowest, as gold globally reached its lowest level in two years.

Gold prices settled near their lowest level in more than two years, and they are on track to record their worst weekly performance in two months, following expectations of a large interest rate hike by the US Federal Council caused an increase in bond yields, which extinguished the luster of the precious metal..

The coverage also referred to prices during evening trading, as its price stabilized following its rise in today’s morning trading, and 21 karat, which measures the average price of gold, stabilized at 1116 pounds..

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