Gold Price to Fall More than $150
Sudan Events – Nahid Oshi
Gold prices are falling globally during Monday’s trading, with an ounce recording its lowest levels, a difference of more than $150 from its last price, recording $1,996, compared to a crazy jump hours ago, which was $2,152, a major decline that has not occurred for years.
The price of a gram of 18 karat gold fell in goldsmiths’ stores in Egypt, reaching 2,383 pounds instead of 2,421 pounds for purchase without manufacturing or stamping.
The price of the pound of gold weighing 8 grams of 24 karat fell, 22,240 pounds as the lowest purchase price, and 22,300 pounds after 22,680 pounds, a difference of more than 300 pounds, while it remains declining from the highest price recorded last week to 700 pounds, as it reached 23 thousand.
Meanwhile the price of 24 carat was about 3,189 pounds.
The price of a gram of 21 carat is 2,790 pounds for purchase.
The price of an 18-carat gram dropped to 2,391 pounds.
The price of a gram of 14 karat for purchase was recorded at 1,860 pounds, while the price of a 24-carat pound for sale is 22,240 pounds.