Gold prices in Egypt rise by 10 pounds, and 21 karat records 980 pounds per gram


Gold prices today witnessed an increase of 10 pounds in the Egyptian market, where the price of 21 karat gold, which is the best seller in Egypt, recorded a move from 970 pounds per gram to 980 pounds per gram, against the background of the rise of gold on the global stock exchange from 1923 dollars to 1944 dollars.

Gold prices today:

Carat 18 recorded 840 pounds per gram

21 carat recorded 980 pounds per gram

24 karat records 1120 pounds

The gold pound is 7840 pounds.

Mamdouh Abdullah, a member of the Board of Directors of the Precious Metals Division, said that expectations about the future of gold are ambiguous and the movement of the yellow metal index can never be read, with the continuation of the Ukrainian-Russian war as well as the rise in dollar prices in Egypt, so all expectations become unrealistic in light of these conditions.

He added, in exclusive statements, that the price channels in which gold moves on the global stock exchange between 1920 to 1950 dollars per ounce, which made the price in Egypt move in the orbit of 970 to 990 pounds per gram of 21 karat, which is the best seller in Egypt without adding workmanship, noting that Prices in the month of Ramadan and at any time are related to global variables in addition to the price of the dollar in the Egyptian market.

And gold prices in Egypt fell by 10 pounds in the past two days against the backdrop of the decline of gold in global stock exchanges to levels of 1917 dollars per ounce per ounce, compared to levels of 1940 dollars, and we are now talking about the orbit of 1923 dollars per ounce, which makes the price in Egypt records the level of 970 pounds per gram of caliber. Main 21.

The gold prices published in the context of this report are not added to the price of workmanship, which varies from one merchant to another and from one company to another, and the workmanship reaches 7% of the price of a gram, and there are some major companies and factories that put high factories that exceed 100 pounds per gram.

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