Gold prices are falling today to their lowest level in 3 months

registered gold prices Over the course of today’s trading, Tuesday, July 5, 2022, gold fell in morning trading by regarding 13 pounds per gram, and in evening transactions it fell 8 pounds, bringing the total decline in the price of gold so far to 21 pounds per gram, and the decline in the price of gold in the country comes as a result of the decline in gold Globally, by more than 40 dollars in one go, in today’s trading, an ounce of gold fell from 1805 to 1766 dollars.

21 karat gold price today

The price of gold today 21 karat, which is the most traded in the country, from 987 pounds per gram in yesterday’s trading to 966 pounds per gram now, bringing the value of the decline to regarding 21 pounds per gram, and the 21 carat drop is one of the pillars of moving sales of the yellow metal in the country, as gold is the caliber of gold today. 21 is the main leader of the movement of gold sales in Egypt, and the fall or rise in its prices directly affects gold sales in the country.

Today’s gold price 18 karat

Today, 18 karat gold prices recorded a noticeable decline throughout the transactions, and looking at the gold prices in Egypt yesterday, Monday, July 4, 2022, we will find that they were recording 846 pounds per gram without adding workmanship or fees, and the price of a gram of 18 karat gold fell to levels of 826 pounds per gram, a decrease of 20 earned at the time of writing these lines.

24 karat gold price today

24 karat gold prices, which is the caliber component of gold alloys in Egypt. Yesterday, 24 karat gold recorded the level of 1128 pounds per gram and took a path of decline, to record 24 karat gold, the price of 1102 pounds per gram in evening trading today, Tuesday, July 5, 2022.

The price of the gold pound in Egypt

The gold pound was the biggest loser of the declines during trading since yesterday until now, as the price of the gold pound in Egypt fell from the level of 7869 to 7712 pounds in spot trades of gold, as the gold pound fell by regarding 157 pounds, following the pound recorded record levels over the past months.

Gold prices in Egypt yesterday, Monday, July 4, 2022

The price of gold in Egypt recorded yesterday the beginning of the movement of decline in the Egyptian market, where the gold market opens its trading on Monday of every week, and gold witnessed a decline of regarding 3 pounds with the decline in the price of an ounce of gold when trading on gold was opened from 1811 to 1805 dollars, then gold took global Great retreat trip.

Reasons for the decline in gold prices in Egypt

The main reason for the decline in the price of gold in Egypt is the significant drop in the price of an ounce of gold globally, as reported by the international prices of gold, fell from 1811 dollars at the beginning of trading on Monday to 1766 dollars, and the decline in the price of gold in global stock exchanges came following the great pressure on the yellow metal as a result of a rise in The dollar with the approach of a new interest rate hike in the United States of America.

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