Gold prices extensive volatility in world market throughout the week

Sunbd Desk || Published: 2021-08-14 10:08:32 || Updated: 2021-08-14 10:08:32

The ongoing epidemic situation has seen a huge volatility in the price of gold over the past week. However, despite widespread unrest, gold prices rose slightly over the weekend.

A review of the data shows that the price of an ounce of gold was 1763 dollars before the start of trading on Monday, the first working day of the week. Gold fell into a big drop from the beginning of the transaction. At one point the price of gold per ounce dropped to 1,699 dollars.

After this big drop, of course, gold turned around again. Within a few hours, the price rose to 1751 dollars. Then the price went down again to 1718 dollars. The price of gold fluctuates throughout the week.

However, on Friday, the last working day of the week, the price of gold rises throughout the trading session. In a single day, the price of gold increased by 1.54 percent. On the basis of which the price of gold in the world market has increased by 0.95 percent in the last week.

Sunbd/NJ

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