Gold prices today, Thursday 28-10-2021

Gold prices stabilized at the beginning of trading today, Thursday, to record the most popular 21 carat gold gram, about 782 pounds.

Gold prices today

The price of 21 karat gold reached 782 pounds.

And the price of 24 carat gold was recorded at 893.75 pounds.

While the price of 18 karat gold was recorded at 670.25 pounds.

The price of the gold pound is 6256 pounds.

Global gold prices:

Gold prices fell below $1,800 an ounce on Wednesday, October 27, as rising US bond yields limited investors’ appetite for the precious metal, as investors tried to see how central banks would deal with inflationary pressures.

Market players’ attention has now shifted to the Bank of Japan and European Central Bank meetings scheduled for Thursday, and the US Federal Open Market Committee meeting on November 3rd.

gold prices
And the price of gold in spot transactions fell 0.2% to $ 1789.02 an ounce by 06:49 GMT, down 1.3% since it rose to its highest level in more than a month last week. US gold futures fell 0.2% to $1,790.80.

Expectations of central bank decisions
The Bank of Japan is set to maintain its massive stimulus program and cut its inflation forecast this year, but inflation fears in the euro zone may present a challenge to the European Central Bank.

Other precious metals

For other precious metals, silver fell in spot transactions 0.4% to $24.03 an ounce, platinum fell 0.6% to $1021.52, while palladium rose 0.1% to $2013.28.

These were the details of the news Gold prices today, Thursday 28-10-2021 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 The app that puts a festival in your living room
NEXT Sustainable beauty: Capturing a rising demand for conscious living

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]