Friday 13 November 2020
I wrote – Shaima Hefzy:
Gold prices fell, during last week’s trading, sharply, to lose about 27 pounds per gram today, Friday, compared to last Friday’s prices.
Naguib Club, former general secretary of the Gold Merchants Division of the Cairo Chamber of Commerce, told Masrawy that the price of a 21-gram of gold fell during the week to record 820 pounds today, compared to 847 pounds last Friday.
The price of an 18-carat gram during today’s trading was about 703 pounds, and the 24-carat gram was about 937 pounds, and the price of a pound of gold was about 6560 pounds.
Globally, gold prices rose during today’s trading, by 0.5%, to record the price of an ounce of 1884 dollars an ounce, an increase of about $ 8.4 compared to yesterday’s prices.