Gold rose globally today, Monday, October 21, for the fifth day in a row, as gold futures set a new record before the de-dollarization talks of the BRICS set new historical highs, as gold hit levels of 2736 dollars per ounce and we still expect further rises in the coming period. Among the leaders attending the summit, which starts on Tuesday, are Chinese President Xi Jinping and Indian Prime Minister Narendra Modi, as well as many developing countries. Currently, 58% of central banks ' foreign exchange reserves are in dollar-denominated assets, although central banks have begun to strengthen their non-dollar reserves, with gold being the main beneficiary. On the other hand, gold prices in Egypt rose strongly on Monday, as the price of the 21st highest traded gold in Egypt is trading near the levels of 3720 pounds. The price of 24-carat gold also rose on Monday to levels of 4251 pounds, and 18-carat gold recorded levels of 3189 pounds per gram. It is worth mentioning that the dollar price in Egypt within the official banks did not move today, as it is still trading near the levels of 48.70 pounds per dollar, with the dollar price in the parallel market inside Egypt to the levels of 48.95 pounds. For more follow-up and real-time prices, you can visit our website from here You can download our application from Google Play and Apple Store here
