I backed off gold prices In morning trading today, Tuesday, at a value of 15 pounds per gram, to levels below 1560 pounds per gram of 21 carat, which is the best-selling, for the first time since the beginning of this December, amid great economic optimism following announcing facilities for the release of goods and a significant decline in the price of the dollar in the parallel market. In addition to the increase in the supply of gold in the markets due to the cessation of speculation.
Gold prices today:
18 karat recorded 1337 pounds.
21 karat, a record of 1560 pounds.
And 24 karat recorded 1783 pounds.
And the gold pound is 12480 pounds.
Gold prices fell by 15 pounds a moment ago, with a significant increase in the supply of gold in the markets and a decrease in demand following the recent Central Bank decisions to raise interest rates by 3%.
And testify gold market now A large supply of gold amid reluctance to buy due to the increase in interest rates on the pound, which contributed greatly to a decline in the price of gold over the past four days, bringing the total value of the decline in the price of gold to more than 175 pounds, as the price of a gram of 21 carat gold decreased from 1750 pounds per gram to 1560 pounds per gram, amid expectations from gold market followers of a further decline in the coming hours, in conjunction with the continued availability of greater gold supply.
