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A big jump in gold prices

The price of gold today, Wednesday 4 March 2020 in Egypt, the price of gold today rose in Egypt, and the price of 21k gold today reached 712 pounds compared to 694 yesterday, and the price of gold today reached 18 carat 610 pounds, and the price of gold today 24 carat reached 814 pounds, The price of gold today reached 5696 pounds.

And monitoring «Egypt 365», in his next report, a table of the latest gold prices in the Egyptian markets with its various calibles, and the changes in the price of gold in gold prices, and all that is found in the gold market, moment by moment, as the table includes a continuous update of gold prices «18 carat , 21 carat, 24 carat », as well as the price of the gold pound, the price of an ounce of gold.

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Average gold prices today in the financial markets in Egypt

Unit Egyptian Pound American dollar
24k gold prices 803.49 pounds $ 51.41
The price of 22 carat gold 736.54 pounds $ 47.12
21k gold price 703.07 pounds $ 44.98
18k gold price 602.63 pounds $ 38.55
14k gold price 468.70 pounds $ 29.99
The price of gold 12 carat 401.74 pounds $ 25.70
The price of gold 9 carat 301.31 pounds $ 19.28
Gold price per ounce 24,988 EGP $ 1,599
Prices of gold pounds 5,625 pounds $ 359.84
Kilo gold prices 803,488 pounds $ 51,405

Average gold price in the past days in Egypt in the financial markets

Today 24 caliber 21 caliber
March 1 797.36 697.70
February 29 797.36 697.70
February 28 793.62 694.43
February 27 823.38 720.48
February 26 821.85 719.13
February 25 820.80 718.22
February 24 832.59 728.53
February 23 822.38 719.60
February 22 822.38 719.60
February 21 822.44 719.66
February 20 810.50 709.21
February 19 809.49 708.32
February 18 804.67 704.11
February 17 795.50 696.08
February 16 800.02 700.03
February 15 800.02 700.03
February 14 799.55 699.62
February 13 795.18 695.80
February 12 792.89 693.79
February 11 793.73 694.53
February 10 796.29 696.77
February 9 797.01 697.40
February 8 797.01 697.40
February 7 796.00 696.51
February 6 794.43 695.14
February 5 790.55 691.75
February 4 790.10 691.35
February 3 801.91 701.69
February 2 807.53 706.60
February 1 807.53 706.60

Gold prices in Egypt are linked to many factors, including those related to supply and demand factors, the price of an ounce of gold globally, and changes in the price of the US dollar, which are the most important factors that are taken into account on a daily basis when determining prices, but with the recent decline in the price of the dollar in Egypt, this has caused Slow down the rise of gold prices despite the rise in global gold prices.

The gold price has witnessed a state of instability since the outbreak of the trade war between the United States of America and China, as the war erupted between the two largest economies in the world by imposing many customs duties on the imports of the Chinese state, which in turn was responding to American decisions, and during the current time it is going Steps towards negotiations between the two countries, amid a state of anticipation among investors who resort most of the time to gold as a safe haven for investment.

Gold forms a large part of Egypt’s exports of jewelery and precious stones that exceed one billion dollars annually, and gold is exported as raw materials and alloys, not finished crafts, because of the stamping stamp, which is not accepted outside the country.

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