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The price of gold continued, this morning, Sunday, September 26, 2021, to stabilize at the low prices that it achieved on Friday evening, in order to close the stock exchange for the weekend, on Saturday and Sunday. In the past, the average price of 21 karat gold, the most prevalent in Egypt, recorded 771 pounds per gram.
Al-Masry Al-Youm provides gold price service on a daily basis, both locally and internationally, to facilitate citizens and investors in knowing the prices traded, whether in Egypt or on the international stock exchange.
The Gold Division in Egypt announced, this morning, gold prices in the goldsmiths market, where the price of 24-carat gold ranged from 879 to 881 pounds, and the price of 21-carat gold, the most prevalent in Egypt, ranged from 770 to 772 pounds, and the price of 18-carat gold ranged From 659 to 661 pounds, without workmanship, which varies from one place to another and from one store to another, and ranges between 30 to 70 pounds, depending on the type of caliber, and the price of the gold pound ranged from 6160 to 6176 pounds.
Globally, gold prices stabilized, this morning, on the prices that were achieved on Friday evening, and the markets are awaiting the return of the stock market tomorrow to determine the direction of gold, especially after gold prices recorded a decline on Friday evening, for the third week in a row, and gold suffers from instability due to US economic data and reserve decisions. The Federal Reserve, which hinted at changing its monetary policy in November, will reduce the purchase of assets, followed by raising interest rates in 2022 to address inflation, which confirms that the price of gold, globally, will witness significant changes at the beginning of November.
And the price of 21-carat gold in the financial markets, at the time of writing the report, recorded 773.03 pounds, and an ounce, “an ounce”, recorded 1,750.87 dollars.
A drop for the third week.. Gold prices in Egypt and globally this morning, Saturday 25 September 2021
A decline after the rise.. the price of gold in Egypt and globally this evening, Friday, September 24, 2021
5 pounds rose after the significant decline.. the price of gold in Egypt and globally at noon Friday, September 24, 2021