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Today, Wednesday, December 2, gold prices registered a significant increase of 21 karats, and 21 karats registered a marked increase in all Arab countries, compared to the price of yesterday, after gold recorded an overall rise of $ 25, with an ounce reaching $ 1,810, which led to higher prices in Arab countries. Significantly, this can affect the volume of gold demand in all markets in Arab countries, and the following is the price of 21 karat gold in trade and retail markets in Arab countries.
21 karat gold price today, Wednesday 2 December 2020
Current main gauge gold prices in Arab markets are “21 karat”, which recorded 21 karat gold in Saudi Arabia, priced at 191.04 Saudi riyals, and in UAE, 21 karat gold was registered at a value of 187.10 Emirates, and its price in Kuwait reached 15.54 Kuwaiti dinars, and its price in Egypt was 788 pounds per gram. In Iraq, 60,615 Iraqi dinars were registered and 21 karat gold was registered, which was worth 36.11 Jordanian dinars.
Some of the reasons for the overall decline in gold and its reflection on the local market in the last week of November was the testimony of Andrew Bailey, Governor of the Bank of England to the Treasury Committee in Parliament, the announcement of the final German GDP “last quarter”, the announcement of American consumer confidence by the Congress Board, the Richmond State Manufacturing Index and the Financial Stability Report. From the Reserve Bank of New Zealand, all of whom have given investors comforting messages leading to a shift in investor demand for gold and safe havens in general, after a full week of decline gold
Since the start of August 2020, gold prices have retreated from their highest global levels, which reached $ 2,075 per ounce, leading to historic gold increases in countries Arabs, and gold fell to $ 1,770 last November, so that gold fell around $ 305 from its price, falling more than 2%.
The shapes of 21 karat gold are many and varied compared to the 24 karat, which is in greater demand in many Gulf countries, but if we compare them to the 21 karat with the 18 karat, we will find that the assortments of 18k gold sets are more beautiful because there are so many 18k gold formations.
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