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Surprising Rise in Egyptian Gold Prices: Global Fluctuations and Market Outlook

In an unexpected surprise to many, the Egyptian gold markets woke up today to unusual tones. After a period of relative stability in the goldsmiths’ shops during the past days, gold prices rose significantly. This move coincides with the fluctuations in gold prices globally.

Monitor different gold prices

The price of the gold poundNo one expected the noticeable jump in the price of the gold pound, as it rose by 80 pounds to reach 17,760 pounds for sale. 24 karat: He was not left out of the race. Its price increased by 12 pounds, to now reach 2537 pounds for sale. 21 caliber: the most famous and widespread among the Egyptians. Here, we noticed an increase of 10 pounds, to be sold at 2220 pounds. 18 karatWith the beginning of the day, its price increased by 8 pounds, to reach 1902 pounds for sale. 14 karatIt records an increase of 6 pounds, reaching 1480 pounds for sale.

While we are reviewing the local gold prices, let’s not forget the global outlook. An ounce of gold settled at 1941 dollars, with expectations of more fluctuations in the coming days. Gold prices are affected by many factors, whether local or global. With the continuous economic changes, it is normal to witness fluctuations in prices. But the most important question is, is this rise temporary, or are we standing on the cusp of new changes in the market? Time, of course, will reveal more to us.

Caliber Price for sale Price for buying Pound Gold 17760 pounds 17680 pounds 24 karat 2537 pounds 2525 pounds 21 karat 2220 pounds 2210 pounds 18 karat 1902 pounds 1894 pounds karat 14 1480 pounds 1473 gold ounce (in dollars) 19 $41 1939 dollars

2023-09-03 12:50:30
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