The tidings of Eid began to descend on gold and made it decline more than it was low. During these days, gold experienced a significant decline in prices that reached more than 300 pounds compared to the highest price recorded during the wave of rise that hit it with the beginning of the Russian war on Ukraine.
During the last update of the gold price today, gold rose 5 pounds compared to yesterday’s price, but it is still in the safety zone, low, as yesterday it decreased by 25 pounds once.
The decline in gold prices came due to the lack of demand for it, the presence of stagnation in the gold markets, in addition to the terrifying price of the dollar
Which increases investors’ anxiety and increases their appetite for savings certificates.
And here are the gold prices today, Thursday 7/7/2022, in gold shops and goldsmiths without workmanship.
Gold prices today
24 karat gold fell to 1,103 pounds.
21 karat gold decreased by 965 pounds.
18 karat gold fell to 827 pounds.
The gold pound fell and reached 7,720 pounds.