Home » Business » The price of a gram of gold in Egypt is now 2735 pounds for 21 karat – The Seventh Day

The price of a gram of gold in Egypt is now 2735 pounds for 21 karat – The Seventh Day


Islam Saeed wrote

Monday, November 20, 2023 01:30 PM

We publish prices gold In Egypt today, Monday, the beginning of the week’s trading, a gram of 21 carat gold, which is the main caliber in Egypt, recorded 2735 pounds per gram at the beginning of trading after trading in gold stopped yesterday.

Gold prices today:

24 karat records 3126 pounds.

21 caliber costs 2735 pounds.

18 karat weighs 2344 pounds.

The gold pound is 21,880 pounds.

Global gold

to open gold Trading this week was declining with the taste of stability, as spot gold prices fell today by 0.1% to trade at the time of writing the Gold Billion technical report at the level of $1977 per ounce, despite the dollar continuing to expand its losses against currencies in light of changing market expectations regarding the future of interest rates from Before the Federal Reserve.

The developments in the gold market come after the metal recorded its highest level in two weeks at $1,993 per ounce during the past week, which recorded an increase in gold prices by 2.2 percent.%.

Gold is currently maintaining the gains it recorded over the past week in light of its failure to benefit from the current decline in the levels of the US dollar. This is due to gold’s need for more stimulus so that it can penetrate the level of $2000 per ounce and trade stably above it..

Stimulus may come in the form of further weak data from the US economy, or a rise in demand for gold as a safe haven again due to geopolitical tensions or concerns about the high amount of debt in the United States of America..






2023-11-20 11:30:00
#price #gram #gold #Egypt #pounds #karat #Seventh #Day

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