The price of gold often draws the attention of followers of economic news, as gold is one of the most important precious metals on which global investments depend. But in reality, things are not just that simple. What makes the price of gold fluctuate at such a time? Let us study the situation in Egypt in particular.
Gold is not just a way to invest or show off, it is also used in many industries, such as medicine and technology. For example, it is used in the manufacture of electronic devices thanks to its distinctive properties.
Gold today stability or decline
At the beginning of today’s trading, we noticed stability in gold prices. But, can we say that gold has really stabilized? If we compare the prices with yesterday, we find that there is a decline of about 180 pounds. This decline may seem minor to some people, but it actually represents a significant change in the overall trend of gold prices.
Gold prices today in Egypt
24 karat gold priceIt achieved 2571.5 pounds for sale and 2542.75 pounds for purchase. This reflects the raw value of gold, as 24 karat is percent pure gold. The price of 22 and 21 karat goldTheir prices were 2357.25 and 2250 pounds for sale, respectively. These two are some of the most common in jewelry and artwork. 18 and 14 karat goldThey have their own value, and their prices are 1928.5 and 1500 pounds for sale, respectively. gold poundIt is equivalent to the weight of 8 piasters of 21 carat, its price was recorded at 1285.75 pounds for sale.
2023-08-21 09:55:27
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