Gold prices witnessed at the beginning of the week’s trading, a decline of about ten pounds, to record a gram of 21 karat gold, which is the best seller in Egypt, at 1070 pounds per gram, compared to 1080 pounds per gram in trading yesterday, Sunday, with the continuing turmoil in the price of an ounce of gold on global stock exchanges.
Gold prices today:
21 carat records 1070 pounds.
Carat 18 records 917 pounds.
24 karat records 1223 pounds.
The gold pound is 8560 pounds.
At the global level, gold prices rose during these moments of trading today, Monday, in the range of 0.2%, or the equivalent of 3 dollars per ounce, to levels near 1795 dollars, while it fell earlier to levels below 1790 dollars per ounce, then gold prices fell slightly and returned to go up again.
Data from the US Department of Labor showed that the economy added 528,000 jobs in July, well above expectations of 250,000 jobs.
Gold managed to record weekly gains thanks to concern about geopolitical tensions between the United States and China, after the visit of House Speaker Nancy Pelosi to Taiwan, while China launched several missiles near Taiwan during military exercises.