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Gold prices rose, with the beginning of trading, this morning, Tuesday, October 12, 2021, as the global price of gold rose by $ 6 per ounce as a result of the high demand for it with the beginning of trading, and the price of gold in Egypt responded to the global rise, but marginally, and the average price of gold caliber recorded 21, 770 pounds.
Al-Masry Al-Youm provides a bulletin of gold prices locally and globally, and an indicator of its rise or fall to clarify the vision for citizens who want to buy, sell or trade, whether in Egypt or on the international stock exchange.
The Gold Division in Egypt announced this morning the prices of gold in the goldsmiths’ shops, where 24-carat gold ranged from 878 to 881 pounds, and the price of 21-carat gold ranged from 768 to 771 pounds, and the price of 18-carat gold ranged from 658 to 661 pounds, without workmanship. Which varies from one place to another and from one store to another, and ranges between 7% and 10%, depending on the type of caliber, and the price of the gold pound reached 6144 to 6168 pounds.
Gold prices rose globally this morning, due to the high demand for it at the beginning of trading, to rise from the level of 1750 dollars an ounce to 1856 dollars an ounce.
Based on the analysis of the price of gold, if the areas of 1755 dollars per ounce are broken down, it will target the levels of 1847 dollars per ounce, as nothing new has occurred in the yellow metal since yesterday morning, and it is trading in a safe area between the prices of 1750.94 dollars and 1758.06 dollars.
Gold prices fell in the financial markets this morning by a slight percentage, and the price of 21-carat gold in the money markets, at the time of writing the report, was 777.57 pounds, and the 24 karat was recorded, 888.65 pounds, and the 18-carat record was recorded, 666.49 pounds, and the ounce “ounce” was recorded. $1,761.52
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