Gold prices today are 21 karats in Arab countries and the precious metal is falling

The price of gold dropped on Tuesday, December 22, 2020 to 21 karats in the Arab markets, and we reveal details of the changes that the 21 karat is witnessing in the Arab markets, as it is considered a major caliber in many. country, and any change in the price of 21 karat gold means changes in the price of gold for all calibers in the retail markets, Under the stable performance of gold.

21 karat gold price today, Tuesday 21 December 2020

The current prices of gold of the main caliber in the Arab markets registered a notable decline when the gold trade opened, compared to the prices of yesterday morning, and the 21 karat gold in Saudi Arabia has recorded a price of 198.59 Saudi Riyals, and in the United Arab Emirates, 21 karat gold recorded a value of 194.45 AED, and its price was Kuwait is 16.12 Kuwaiti dinars, and its price in Egypt is 820 pounds per gram, and 62,995 Iraqi dinars are recorded in Iraq, and 21 karat gold in Jordan recorded a value of 37.17 Jordanian dinars.

The prices of 21 karat gold in Arab countries are expected to rise again in the coming hours as the precious metal globally heads to large upward levels, in light of the possibility of the strong return. demand for gold on international stock exchanges, and the direction of companies and investors to buy large amounts of gold in trade, and that In light of the emergence of a new strain of the Corona virus, it has caused a strong demand for gold.

The great fear that controls investors wiped out the positive results achieved last month, after big companies announced a new drug for the Coronavirus, and here the market understood that the new strain of the virus would lead to more closures and an impact. negative economy, and this has led to these big increases. For gold yesterday, but the market started the trend to take profit, and gold fell about $ 25, which would lead to a decline in gold in Arab countries, but the bet on the continuation of the decline is not correct given the changes that the market is witnessing every minute.