Hani Milad, head of the gold division at the Cairo Chamber of Commerce, said gold prices in the local market have witnessed a state of stability, in light of the suspension of the global gold exchange on Sunday, Nov. 13.
Gold prices now in Egypt.. 21 carats
And the head of the gold division added that the average price of one gram of 21-karat gold at the end of local market trading was around £1,260.
24-karat gold today
He pointed out that the price of one gram of 24-karat gold was recorded at around £1440 at the end of today’s Sunday evening trading.
gold globally
Milad noted in his remarks to ‘The Week’ today that local Egyptian gold was affected by all global variables, such as inflation, levels of buying and selling, and weight bids for gold. .
18 karat gold price in egypt
And the price of 18-carat gold, at the end of the evening trading on Sunday 13 November, was around 1083 pounds.
14 karat gold today
14-karat gold ranged at the end of today’s Sunday trading around £844.
The price of one gram of 12-karat gold
And about the price of 12-karat gold, it went to 713 pounds at the end of the evening negotiations in the Egyptian goldsmith shops.
The price of the gold pound
And the gold pound recorded at the end of the evening about 10,080 pounds of 21 carats, weighing 8 grams.
The price of 24-karat gold sterling, weighing 8 grams, at the end of today’s evening trading, Sunday 13 November, reached £11,520.
gold bars today
The price of a gold bar is 31 grams in Egypt
The price of a 21-carat gold bar, weighing 31 grams, at the conclusion of the goldsmith’s negotiations on Sunday, amounted to around £39,060.
The price of a gold bar is 50 grams
The price of a 50-gram 21-karat gold bar reached a value of around £63,000 by close of business on Sunday.
The price of an ounce of gold now
At the close of trading, the price of an ounce of gold registered approximately $1771.42.
Gold price forecast
Hani Milad expected the local market to continue its bullish approach influenced by the state of the global stock market.
He concluded by advising those seeking safe havens during the current period to enter the gold market as their only refuge in times of crisis.
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