The price of a gram of gold is at its highest level since May today – the news week

The price of a gram of gold is at its highest level since May today – the news week
The price of a gram of gold is at its highest level since May today – the news week

The price of a gram of gold marginally decreased in Egypt and the world today, Friday, after gold bullion fell 0.2% to $1,792.54 an ounce, and US gold futures fell 0.3%, to $1,793.10 an ounce.

Nevertheless, gold rose globally by 2% during the week, and gold is heading towards its best week in nearly five months, supported by the decline in the US dollar, which boosted the attractiveness of the yellow metal despite an imminent reduction of the stimulus measures taken by the Fed.

Gold price in Egypt

14 karat gold scored about 524 pounds.

And 18 karat gold scored about 674 pounds.

And 21 karat gold scored about 787 pounds.

And 24 karat gold scored about 899 pounds.

And the dollar index headed towards its first weekly decline in six weeks, which strengthened the attractiveness of gold to buyers of other currencies.

As for other precious metals, silver fell 0.4, to $23.45 an ounce, but it is in the process of recording the largest weekly increase in seven weeks.

Platinum rose 0.1%, to $ 1056.02 an ounce, and palladium rose 0.4 percent, to $ 2137.68 an ounce, and platinum and palladium are heading towards recording gains for the second week.

Source

price gram gold highest level today news week

 
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