Home » Business » Gold Prices in Egypt Reach Historic High: 21 Karat Gold Hits 3,000 Pounds

Gold Prices in Egypt Reach Historic High: 21 Karat Gold Hits 3,000 Pounds

Marina Thrasher wrote Wednesday, December 20, 2023 11:27 PM

Al-Youm Al-Sabea TV broadcast a special coverage reviewing gold prices, prepared by Marina Trasher, and presented by Israa Ismail, with Engineer Najib Najib, Secretary of the Gold Division at the Chamber of Commerce, participating in the commentary.

Engineer Naguib Naguib, Secretary of the Gold Division at the Chamber of Commerce, confirmed that the price of 21 karat gold in Egypt today, Wednesday, December 20, 2023, witnessed an increase for the fourth time in spot trading by about 30 pounds, so that a gram of 21 karat gold, which is the best-selling gold in Egypt, recorded 3,000 pounds now in the markets for the first time. In the history of gold pricing, Eng. Najib continued that gold is a global commodity and is affected by international events, oil and also the price of the dollar. He continued that the price of gold is subject to increase again.

In a related context, the Gold Division of the Chamber of Commerce announced that the price of gold in Egypt fell by 30 pounds after a successive rise, causing gold to lose its historical peak, and 21 karat gold in Egypt today, Wednesday, December 20, 2023, at the time of publishing the report, reached 2,970 pounds now in the markets.

Gold prices now for all calibres:

24 karat records 3394 pounds.

21 caliber costs 2970 pounds.

An 18 karat carat costs 2546 pounds.

14 karat weighs 1947 pounds.

The gold pound is 23,760 pounds.

2023-12-20 21:27:00
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