We publish details of the changes in gold prices, today, Friday, February 19, 2021 in Egypt, as well as at the global level, where today gold records 778 pounds per gram of 21 carat, which is the best-selling in Egypt.
Gold prices today..
Caliber 18 recorded 667 pounds per gram
Caliber 21 recorded 778 pounds per gram
Caliber 24 recorded 889 pounds per gram
The gold pound is 6224 pounds
An ounce of gold is $ 1774
Gold fell to its lowest level in more than seven months, but it remains on the path of recording its worst weekly performance since the end of November, as the attractiveness of the yellow metal, which does not yield a return, decreased due to the high yields of US Treasury bonds.
Spot gold fell 0.2 percent to $ 1771.16 an ounce, after touching its lowest level since the second of July to $ 1759.29 earlier in the session. Prices have fallen 2.9 percent since the beginning of this week.
US gold futures fell 0.3 percent to $ 1769.20.
Harish F. Head of Commodities Research at Geojit Financial Services, "Prices have rebounded after hitting the technical support level at $ 1760, which is why we are seeing some recovery."
But he added that gold will continue to be under pressure due to optimism surrounding the global economic recovery, strong economic data, high returns and a stable dollar.
