Gold prices today, Tuesday, September 7, 2021 in Lebanon

Today, Tuesday, September 7, 2021, gold prices in Lebanon continued to decline in conjunction with the decline in the prices of the precious metal globally.

The price of a gram of 24-carat gold in Lebanon fell to 87,435 thousand pounds ($782).

The price of a gram of 21 karat gold in Lebanon (the most traded in the market) also fell to 76,508 thousand pounds ($50.59).

The price of a gram of 18 carat gold in Lebanon fell to 65,577 thousand pounds ($43.37).

As for economic gold prices in Lebanon, the price of a gram of 14 karat gold recorded about 51,004 thousand pounds ($ 33.73).

While the price of a gram of 12-carat gold recorded about 43,718 thousand pounds (28.91 dollars).

Gold price per ounce and pound

The price of an ounce in Lebanon fell to 2.719 million Lebanese pounds (1,798 dollars).

The price of the gold pound in Lebanon (8 grams of 21 karat) also fell to 612,061 pounds ($404.75).

global gold prices

Gold prices fell, on Tuesday, as they were pressured by the strength of the dollar and global stocks reaching a record high, thanks to growing hopes that the US Federal Reserve will maintain an easy policy in the short term.

And gold fell in spot transactions, by 0.3% to $ 1817.51 ​​an ounce (an ounce) by 06:54 GMT.

While gold futures in the US declined, by 0.8% to $1819.20.

Harish F. said: Head of commodity research at Geojit Financial Services: “A lot of fundamental factors are still pressure on gold prices.. People are optimistic about the outlook for the global economy.”

“Investors are likely to reduce their safe haven assets such as gold and reinvest in some of the riskier assets,” he added.

Disappointing US jobs data raised expectations that the Fed may delay reducing its asset purchases and kept the yellow metal near a two-and-a-half month high, but it also led investors to stock markets.

Risk appetite sentiment was supported by Chinese trade data which showed exports and imports grew much faster than expected in August.

These were the details of the news Gold prices today, Tuesday, September 7, 2021 in Lebanon for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at saudi24news and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

PREV Mohammed Bin Rashid Aerospace Hub to open region’s first vertical aerospace complex
NEXT Al Mutlaq Group eyes further collaboration with TRSP

Author Information

I am Jeff King and I’m passionate about business and finance news with over 4 years in the industry starting as a writer working my way up into senior positions. I am the driving force behind Al-KhaleejToday.NET with a vision to broaden the company’s readership throughout 2016. I am an editor and reporter of “Financial” category. Address: 383 576 Gladwell Street Longview, TX 75604, USA Phone: (+1) 903-247-0907 Email: [email protected]