Gold prices.. That phrase which for months has become the concern of the Egyptians, but it seems that gold has lost its mind, and can no longer be negotiated.
and elevation Gold price in Egypt Today, Friday, December 2, 2022, at about 50 pounds per gram of 21-karat gold, despite the decrease in the price of one ounce of gold in the global market by about $7, to drop to the $1796 level.
gold price today
gold prices In the Egyptian goldsmiths’ workshops today, which are as follows:
The price of one gram of 24-karat gold
The price of 24-karat gold, the most common in the Gulf countries, rose by around £60 to a record £1,829.
The price of a gram of 21-karat gold
The price of 21-karat gold, the most traded in Egypt and the cities of Upper Egypt, rose by around £50 to £1,600 for the first time.
The price of an ounce of 18-karat gold
The price of 18-carat gold, the most common in the cities of Lower Egypt, rose by 24 pounds, to reach 1,371 pounds in goldsmith shops.
Hani Milad said, good boss Gold DivisionThe price increase over the past two weeks has driven a significant increase in the volume of demand for bullion and gold bullion, which has exceeded the volume of supply in the local market, with the entry of hot money to speculate on prices of the precious metal, which drove up prices to unprecedented levels throughout the year.
Milad added, in a statement, that markets have seen medium-sized sell-offs over the past couple of days by some crude oil holders to stabilize market conditions, which has seen continued hour-by-hour gains over the past week, and prices have begun to stabilize relatively slowing the rate of change during the day.
Milad predicted that the price will continue to decline as supply volume increases, which will coincide with consumers’ willingness to sell to reap what they got. price of gold earnings in the last week.
Moreover:
A new rise.. Gold price in the UAE on Friday 2 December 2022
The increase in gold prices in Syria today, Friday, December 2, 2022
