witness gold prices Today, Sunday, remarkable stability, recording a gram of 21-karat gold, which is the most sold today in Egypt, 1800 pounds, with the week off for the gold market and the cessation of gold trading on international stock exchanges.
Gold prices today:
18 carats registered 1543 pounds.
21 carat registered 1800 pounds.
24 carats, a record 2057 pounds.
The gold pound is £14,400
Gold prices in the first week of 2023
testified Gold prices in the Egyptian market During the first week of January 2023, a 7.5% increase from 1 January 2023 levels of £1675 per 21 carat to £1800 levels in today’s trading, according to Gold Bullion report to monitor the movement of gold in markets.
The Gold Bullion report said that the gold market witnessed a significant increase in demand for gold bars and gold sterling during the trading week, particularly after the offering of certificates yielding 25% in the National Bank and Banque Misr, which pushed prices up significantly, especially in trading on Wednesday and Thursday, the global price of an ounce of gold soared to $1866 levels, due to surging prices in the market Egyptian
The report indicated that the gold jewelry market saw a slight sales movement in conjunction with the holidays and New Year’s celebrations, for products with light weights, after factories expanded into the production of gold jewelry with lower weights to meet market demand, especially with the sharp increase in the price of the precious metal.
The report indicated that all gold bullets circulating in the market saw a 7.5% increase as 24-karat gold rose from £1914 to £2057 levels without adding producers and the price of an ounce of 18 carats has moved to levels of £1543, compared to the price of £1436 earlier this week.
The report said the gold pound price jumped by around £1,000 during the first week of 2023, from £13,400 to £14,400 levels in the markets, without adding production costs.