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If he intends to buy the net for Eid .. Know the price of gold, it will increase and not be cheap


With the approach of Eid al-Fitr, the demand for gold increases in Egypt, with the increase in marriages during this period every year, and the Aswaq program provides some advice to the consumer to buy a gold net, as well as expectations of gold prices during this period, and will we witness a rise or decrease in the price of gold?

 

Gold prices during the Eid al-Fitr period may witness some limited rise according to current expectations, with the continued rise in the price of the yellow metal globally, due to the high incidence of the new Corona virus, and here prices may rise to levels of 790 pounds per gram of 21 caliber.

 

There is another scenario for gold prices, which is the possibility of a decline in prices, in the event of the return of the rise in the yield of American bonds, which may put pressure on the global price of gold, and then a drop in prices in Egypt, and we may witness a decline to levels of 745 pounds per gram of 21 carat.

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