Gold prices at the beginning of today’s trading witnessed remarkable stability at 1065 pounds per gram, with the continued stability of the gold price globally at a level above 1800 dollars an ounce, while the global market awaits data on the US economy.
Gold prices today:
Carat 18 recorded 913 pounds.
21 caliber record 1065 pounds.
24 carat record 1217 pounds.
The gold pound is 8520 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, in addition to 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.
