Urgent about gold prices and advice to buy: Higley the coming days

Hani Milad, Head of the General Division of Gold and Jewelery at the General Federation of Chambers of Commerce, said that gold prices fell to the lowest level in 3 weeks for many reasons, including the increase in interest rates by the Federal Reserve, which affected the global stock market.

Gold prices fall

The head of the General Division of Gold added that gold prices are proportionate at the local level, despite the violent and accelerating global changes, advising citizens to buy at the present time, as it is expected to return to the rise in the coming days.

And he concluded, that he expects the price of an ounce to exceed $2000 in the coming period, especially after its return to the rise.