Naguib Club, a member of the Gold Division of the Cairo Chamber of Commerce, said the price of gold today, Wednesday, in the local Egyptian market, was about 1138 pounds per gram of 21-karat, an increase of 8 pounds, compared to at the level of yesterday, Tuesday 1130.
Global gold prices
And a member of the Gold Division continued, an ounce of gold posted about $ 1670 today Wednesday, a $ 20 increase from yesterday’s Tuesday level of $ 1150 for an ounce of gold.
The price of the gold pound today, Wednesday
Naguib Club added, in exclusive statements to the “Al-Web” portal, that the price of a pound of 21-karat gold has increased by about 8 pounds per gram, a total increase of 64 pounds, to reach the limits of 9100 pounds, after it closed yesterday, Tuesday, close to the 9036 pounds limits.
Expectations of rising gold prices in Egypt
A member of the Gold Division predicted that the yellow metal would see a gradual rise in the coming days, bringing the price of 21-karat gold close to the levels of 1140 pounds and 1145 pounds per gram of gold in the local Egyptian market.
The demand to buy gold today, Wednesday, in Egypt
The Naguib Club indicated in today’s statements that the status of gold trading in the Egyptian market is close to brokerage, after having been low in recent days.
In this context, a report released by the digital platform “i-Sagha” for trading gold in Egypt, today, Wednesday, October 26, indicated that a gram of 24 carat gold has registered the level of 1303 pounds, while the price of 18-karat gold in Egypt rose to the level of 977 pounds and the price of one gram rose 14-karat to record 760 pounds.
Gold this week in Egypt
And gold prices in local markets have seen a state of fluctuation during transactions, as the 21-karat gold gram opened the week’s trading near the £ 1130 level, to hit the £ 1132 level. and concludes its trades near £ 1130, during yesterday, Tuesday 25 October, and the global ounce of gold opened its trades near the $ 1646 area, and dropped to a record $ 1638 this week, for climb near the $ 2662 level and close near the $ 1658 area.
