Gold prices today Monday 9-9-2019

Egypt 365 publishes daily gold prices with automatically updated data and detailed price reports of 24 grams in grams, the price of 21 grams in grams, the price of 18 grams in grams and the price of an ounce and a pound of gold.

Of all the precious metals, gold is the most invested because investors are looking for gold to increase their profits through the use of futures contracts, and the market is subject to many volatilities and is a safe haven in times of crisis in countries compared to any other metal.

How to invest in gold metal?

Investors seek to invest in gold directly through several available options: physical assets, futures or ETFs.

The gold has several carats, the first being 24 carat gold and is the purest type of gold without any percentage or addition of another metal such as copper. There are also 22-carat gold, 21-carat gold, 18-carat gold, 12-carat gold and finally 9-carat, which is of the least pure type. .

In the same context, the gold trade needs a large capital because its price is high and its price is global.

Gold in recent months?

The price of gold in the world has reached unprecedented levels since 2013 due to several factors, the most important of which is the collapse of Treasury bond yields and stock market volatility. Gold has therefore begun to skyrocket, rising from 1285 dollars per ounce globally to 1566 dollars ounces globally.

Once gold has reached its highest price in the world in the last six years, it has suffered a shock due to the resumption of trade negotiations between the United States and China. The price of gold then dropped by 35 dollars globally. This loss is the largest in January.