Gold prices in Egypt recorded today, Tuesday, November 10, 2020, an increase of 7 pounds per gram, following the rise of gold globally from 1855 to 1890 dollars with a significant increase, after a great night of decline for gold worldwide after losing more than $ 100 an ounce, and the price drop in Egypt by 40 pounds Monday evening.
Gold prices today:
18 caliber recorded 703 pounds.
Caliber 21 recorded 820 pounds.
Caliber 24 recorded 937 pounds.
The gold pound is 6560 pounds.
An ounce of gold is $ 1890.
Sherif Zaki, a gold dealer in Cairo, revealed that the 21 carat is still the leader in terms of sales, and the governorates of Upper Egypt are at the forefront in terms of purchase, due to the habits of buying the network with large weights, pointing out that some families still buy gold in large weights exceeding 250 grams and 500 grams Despite the current relatively high prices.
Zaki explained that the introduction of golden shapes with light weights such as one and a half to two grams has moved the gold market significantly now, pointing out that Greater Cairo has decreased demand for gold in comparison to the rest of the governorates..
In a related context, he revealed that there are 5 caveats and risks when buying gold artifacts over the Internet, the first of which is that gold may be fraudulent or Chinese gold or of unknown origin. The second problem is the invoice, so the gold sale invoice must have a clear stamp, and here is no The electronic invoice is valid, and the third of these problems is that you buy gold and it may be stolen, and here you may be exposed to legal liability.
Gold prices fell yesterday evening in Egypt by 40 pounds per gram, after gold fell from 852 to 813 pounds, before the market rose again by 7 pounds, with expectations of another rise in prices next hours.