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Gold prices continue to decline .. and 21 karat records 770 pounds per gram


Gold prices continued to decline today, Friday, June 18, 2021, bringing prices to about 6 pounds late yesterday evening, Thursday, and 21 karat gold, which is the best-selling in Egypt, recorded 770 pounds per gram.

 

International prices fell to levels of 1775 dollars per ounce and then moved slightly to 1788 dollars at the time of writing these lines, which is reflected in the price of gold in Egypt and causes large and continuous changes in prices.

Gold price today in Egypt

21 caliber records 770 pounds

18 karat records 660.25 pounds

24 karat records 880.75 pounds

The gold pound is 6160 pounds

An ounce of gold is $1,788.

 

During the past two days, we witnessed a significant decline in the price of gold at the global level and in the Egyptian market, in clear proportions, which affected the volume of buying and selling during the past few days.

 

The US Federal Reserve had stressed its pledge to wait for "more significant progress" before starting to switch to policies less linked to the pandemic and to wait more until the economy fully opened.

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