Gold Prices Fall On Monday

Gold Prices Fall On Monday

Gold prices declined on Monday, with spot gold dropping 1.5 percent to US$4,793.97 per ounce as of 08:46 GMT, after touching its lowest level in more than a week on Friday. Gold reached a record high of US$5,594.82 on Thursday, while US gold futures for February delivery rose 1.6 percent to US$4,818.10 per ounce. Spot silver gained 1.6 percent to US$85.98 an ounce, after reaching a record high of US$121.64 on Thursday. Spot platinum fell 2 perce…

Gold Remains Under Pressure After a Historic Drop

Gold prices in the local Egyptian market and on the global exchange pared some of their losses during Monday’s trading session, supported by profit-taking activities, according to a report issued by the iSagha platform. However, the precious metal remains under significant pressure following a historic sell-off.

Noticeable Decline in Local Gold Prices… 21-Carat Reaches JOD 95.4 per Gram

Gold prices in the local market recorded a noticeable decline in Monday’s morning pricing, with the selling price of 21-carat gold reaching JOD 95.4 per gram at jewelry shops, while the buying price stood at JOD 91.2 per gram.

Gold prices in Egypt fall on Sunday

The 21-karat gold price also dropped to EGP 6,836 for purchasing and EGP 6,775 for selling