Have seen Gold prices today Friday 7-31-2020, a slight rise in the local goldsmiths markets, where the price recorded Caliber 21 And the most popular and selling at 875 pounds per gram, while gold rose globally in online transactions 0.4 percent to $ 1967.53 an ounce.
Record price 24-gauge: 1000 pounds per gram, and record the price of 18 caliber: 750 pounds per gram, and record the caliber price of 14: 583.25 pounds per gram.
The gold pound recorded 7000 pounds.
وشدت Gold prices worldwide, As the yellow metal tends to achieve its best monthly performance in about four and a half years, as the dollar fell more after negative US data added to doubts about a rapid recovery from the economic decline caused by the Corona virus pandemic, prompting investors towards buying the metal, which is considered a safe haven. .
And gold rose in immediate transactions 0.4 percent to $ 1967.53 an ounce by 0458 GMT, after it halted a series of gains that continued for nine sessions yesterday, Thursday. And gold rose in US futures one percent to 1961.30 dollars.
The US dollar fell to its lowest level in two years and is heading towards the worst monthly performance in ten years, which reduces the cost of the precious metal for investors from other currency holders.
Gold has risen more than ten percent since the beginning of this month, achieving the largest monthly gain in percentage since February 2016, and climbed to the highest level ever at $ 1980.57 on Tuesday.
The jump in gold gains since the beginning of the year to about 30 percent, driven by the worsening pandemic and low interest rates globally in light of widespread stimulus from central banks, given that the yellow metal is considered a hedge in the face of inflation and currency depreciation.
As for other precious metals, silver rose 0.3 percent to $ 23.62 an ounce, and is on track to record the best monthly performance ever, up 30 percent with additional support received from hopes of a revival of industrial activities, while palladium gained 0.3 percent to 2090.01 dollars, and platinum rose 0.1 percent To $ 903.87 .
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