Sudden calm in the price of gold after the jumps.

منذ 9 ساعات

Today, international and local gold prices saw slight movements between the rise and fall, after recording significant jumps on the last orbit وستقدين وست حديثة على اليكين للراع American و السيني اكبر عكونين على علم الاملام.

During the day, the price of the ounce decreased by 0.40% at the beginning of the trading, reaching about 4235 dollars, before the increase was reversed by 0.30% registered 4264 dollars according to بلومبرج وكاسينا.

But on the level of local gold, the rate of increase and decrease is moderated on the end of the day, with the calmness of global gold prices and stability. the price of the pound against the dollar.

The local gold price rose by 5 pounds in the middle of trading, reaching 5750 pounds on the 21st of August. للجرام.

events accelerate

Lotfi Munib, deputy head of the gold division of the Chamber of Commerce, said that there have been recent events that have led to significant changes in the price. The gold moves very quickly, it is certain that there is nothing that lasts forever in its rise and never in its fall. فدائمًا ما تكتب هذا المستحدة حريرية وا وائلة عنها اقربنا منها حليثة.

Manib explained that after reaching the price target, there is movement in the prices, whether rising or falling, gold reached 4375 The target price was 4250 dollars, and it did not cause a simple price correction.

He pointed out that the gold market does not stop at a fixed number, rather, it witnesses minor fluctuations until the emergence of a new, powerful brand, which may have an effect on The price is reduced.

Manib added, that with economic events and geopolitical changes, new price targets for various raw materials are constantly appearing. It is explained that when the gold reaches a certain price level, it does not stop there, but it usually shows a slight increase, followed by a simple correction.

Gold is beyond expectations

He confirmed that gold does not have a specific peak that cannot be exceeded because the gold market is restricted to supply and demand. والتغيرات عكسونيم والسياسيا العلمانيا والإذا لا آيدوس سحفي حابتي حابتي للزهب.

منيب pointed out that the increase in the United States of America’s 100% customs tariff on China was the main reason for the rise The price of gold is in this form, as this step led to a change in the global economy, the price of gold increased and the value of the dollar decreased.

He explained that, for example, if there is a convergence of views and the parties agree to cancel these fees, it is expected that the price will decrease. The gold, but it is not possible to determine a certain amount for this decline, and if you happen to agree with that, the agreement between Ukraine and Russia to end the war may lead to that إلى درقة كابير في رياضية لكن دون دون على دون كابير دون كابير في الرياضة.

Menib pointed out that the price of gold at the beginning of the year was about 2,600 dollars per ounce, while it has now reached 4,250 dollars, which is an increase of about 65% in the last 10 months.

He confirmed that economic and political events are the ones that determine the direction of prices whether they are rising or falling, pointing out that There is no fixed ceiling for gold traffic except in the ascent or descent.