The price of gold in Egypt fell, today, Saturday, 4 pounds, due to a large drop in sales of the precious metal in Egypt, to close the price of gold at 741 pounds per gram, with the continued price of an ounce of gold at 1700 dollars an ounce.
Gold prices today ..
Caliber 18 recorded 635 pounds
Caliber 21 recorded 741 pounds
Caliber 24 record 846.85 pounds
The gold pound is 5928 pounds
An ounce of gold is $ 1700
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Hany Gayed, head of the gold division of the Chamber of Commerce, said that gold prices since the beginning of this year are recording great increases, as a result of the events in the Middle East and the escalation of an Iranian-American in Iraq, and then the emergence of the Corona virus, which raised the demand for the precious metal in a big way, which led To a price increase of more than 10%
He added well to “the seventh day”, that the continued decline in demand for gold leads to a decline in prices in Egypt, but in a significant or significant way, pointing out that it is not possible to expect what the precious metal market will witness in the world.
The General Division for Jewelery and Jewelery Trade decided to re-work in the gold and jewelry shops on Friday and Saturday, in implementation of the cabinet’s decision to reopen the stores during the two days, with continued preventive measures to confront the Corona virus.
Jewelery and gold shops were out of business for 3 days, Friday and Saturday, in implementation of the cabinet’s decision, in addition to the weekly holiday day of the goldsmiths market, which is Sunday, for stores to operate for only 4 days since the government’s decisions to confront the Corona virus.
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