Gold prices have in local markets by 2.8% since last September, while an ounce price on the global stock market has decreased by 4.8%.
Saeed Embabi, CEO of the “iSagha” platform, said that gold prices in the local markets dropped by 55 pounds during last September’s trading. The price of a gram of 21 karat gold reached 2,165 pounds, while an ounce price on the global stock market fell by 93 dollars to record $1848.
Embaby indicated that gold prices fell in the local markets by 45 pounds during last week’s trading, as 21 karat recorded 2,165 pounds, while an ounce on the global stock market fell by 77 dollars, to record 1,848 dollars.
He added that the price of a gram of 24 karat gold recorded 2,474 pounds, the price of a gram of 18 karat gold recorded 1,856 pounds, the price of a gram of 14 karat gold recorded 1,444 pounds, and the price of a gold pound recorded 17,320 pounds.