Gold prices declined locally, and a gram of 21 carat reached 3,090 pounds

  • Gold prices declined in the local market during today’s trading, Tuesday, affected by the decline in global prices due to the rise of the dollar and profit-taking operations.

 

  • Saeed Embabi, a member of the Gold Jewelry Division, said that gold prices fell by 10 pounds during today’s trading compared to the end of yesterday’s trading, with the price of a 21-carat gram recording a level of 3,090 pounds, while gold prices on the global stock market fell by about 13 dollars, with an ounce recording a level of 2,312 dollars.

 

  • He added that a gram of 24 karat gold recorded 3,531 pounds, a gram of 18 karat gold recorded 2,649 pounds, while a gram of 14 karat gold recorded about 2,060 pounds, and a pound of gold recorded about 24,720 pounds.

 

  • Gold futures contracts fell by 0.1% to $2329 per ounce despite rising at the beginning of trading, while spot gold contracts fell by about 0.15% to $2320 per ounce, after rising more than 1% in the previous session.

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