07:28 PM
Monday, September 23, 2024
Dina Khaled wrote:
Gold prices in Egypt jumped about 5 times their levels in the last 8 years, as the price of gold today recorded around 3,570 pounds, compared to 639 pounds at the end of 2017.
This resulted from a continuous increase in the average price of the dollar against the pound in banks in the last 8 years since the first float in 2016, as well as a continuous increase in the price of the yellow metal in the market the world
The two factors that affect gold prices in the local market are the international prices of the metal, as well as the exchange rate of the dollar against the pound.
In the following graph, Masrawy monitors the development of the average price of gold for the consumer in Egypt at the end of December every year in the last 8 years, according to what Masrawy published in the years gone, except for 2024, in which Masrawy used today’s price for the consumer, according to what Naguib Naguib, Secretary General of the Gold Department, previously said at the Cairo Chamber of Commerce.
Gold plate 2024 21 carat 3570 pounds
Gold plate 2023 21 carat 3170 pounds.
Gold plate 2022 21 carat 1680 pounds.
2021 21 carat gold will reach 795 pounds.
Gold record 2020 21 karat 825 pounds.
Gold record 2019 21 carat 679 pounds.
2018 record 21 carat gold 548 pounds.
2017 21 carat gold record 639 pounds.
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2024-09-23 16:28:00
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