03:54 PM, Saturday, August 12, 2023
Books – Muhammad Emara:
Dr. Nagy Farag, Advisor to the Minister of Supply for Gold Affairs, said that the increase in the price of gold during the past two days is due to the high demand for bullion and gold pounds.
Faraj added to Masrawy, Saturday: We hope prices will stabilize, but if these increases continue, we will discuss the matter through several procedures and scenarios, especially in light of the global price decline and its local rise.
Today, Saturday, the price of gold in Egypt continued its jumps in the middle of trading, and the gram increased by 40 pounds, compared to its level at the beginning of trading, according to what Naguib, former Secretary General of the Gold Division at the Cairo Chamber of Commerce, told Masrawy.
The price of gold jumped at the beginning of trading by about 110 pounds, bringing its total rise since yesterday evening to about 150 pounds so far.
Gold prices today
14 karat gold prices rose to 1567 pounds per gram.
And 18 karat gold increased to 2014 pounds per gram.
The price of 21 carat gold reached 2350 pounds per gram.
The price of 24 karat gold rose to 2686 pounds per gram.
The price of the gold pound
The price of the gold pound rose to 18,800 pounds, and the price may vary from one trader to another, and this price is equal to the value of gold in the pound.
The global price of gold
Today and tomorrow are weekly holidays in global markets, including commodity and metal stock exchanges.
The global price of gold rose to about $ 1914 an ounce (an ounce, which is equivalent to about 31.1 grams of 24 carat), by the end of trading on Friday, an increase of $ 1.28, or 0.07%, compared to its level at the end of trading on Thursday, according to Bloomberg agency data.
2023-08-12 12:54:00
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