Gold prices rise by two pounds in evening trading… and 21 karat records 831 pounds

witnessed gold prices In Egypt, today, Tuesday, an increase of regarding two pounds in the evening trading, once morest the background of the resurgence of gold in the global stock exchanges, where an ounce of gold rose to 1901 dollars, compared to 1895 dollars, which was reflected on gold in Egypt to rise to levels of 831 pounds per gram.


Gold prices today

24 karat records 949 pounds.

22 caliber records 910 pounds.

21 carat records 831 pounds.

Carat 18 records 712 pounds.

Mamdouh Abdullah, a member of the Board of Directors of the Metals Division of the Federation of Industries, said that gold is still affected by the developments of the situation on the Ukrainian-Russian borders, with continued unrest and the constant threat of the use of force, and this pushed safe havens to rise continuously during the past hours.

He added, in exclusive statements, that the price of gold retreated from its highest levels, but the escalation of tension in Eastern Europe might keep the demand for it driven as a safe haven, and the limited decline was to take profits.

He explained that the current situation is pushing up the demand for gold at a time of uncertainty that dominates the future of global markets due to the signs of a major war on the Ukrainian borders, in light of a Russian escalation and an American tendency to impose more sanctions on Moscow.

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