Gold prices in Egypt today, Monday, the second day of Eid Al-Fitr, fell by two pounds, with a complete closure of the goldsmiths market, as a result of government decisions to impose a ban on some activities during the period from Sunday to Friday, a period during which the goldsmiths market stops entirely.
The price of gold in Egypt, 21 carat, is the most traded in Egypt, 758 pounds per gram, a decrease of two pounds, from the last price recorded by gold before the goldsmiths market closed, which is 760 pounds per gram, while the global market is witnessing a decline in the price of an ounce of gold by 0.40% to record 1728 dollars.
Gold prices in Egypt after falling …
Caliber 18 records 654 pounds per gram
Caliber 21 records 758 pounds per gram
Caliber 24 records 872 pounds per gram
The gold pound is 6104 pounds
An ounce of gold is $ 1728
Gold fell on Monday, with Japanese stocks rising on news of a possible stimulus program, which boosted investor appetite for risk, although new tensions over Hong Kong have limited the metal’s decline, and by 0700 GMT, the spot price of gold was down 0.5 percent to $ 1725.18 an ounce (Ounce). And US gold futures fell 0.6 percent to record $ 1725.60, according to Reuters.
“I think betting on stocks and other high-risk assets is likely to boost risk appetite and reduce the gold temptation in the short term,” said IJ Markets analyst Kyle Roda.. ”
Gold rose 0.8% on Friday to touch $ 1739.51, but returned to shrink its gains, and palladium rose 0.5% to $ 1956.60 an ounce, while platinum fell 1.1% to $ 830.19, and silver fell 1.6 percent to $ 16.91 an ounce.
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