registered gold prices At the conclusion of this week’s trading, a remarkable increase of regarding 6 pounds, to close gold at the levels of 1987 dollars, following the gold prices rose last week to almost the highest levels in 21, where the ounce reached 2070 dollars in some trading sessions, with the intensification of the Russian-Ukrainian war and the lack of signs of resolving the conflict .
Gold prices in Egypt were clearly affected during the past days by a number of variables, perhaps the most prominent of which are global economic events and waves of inflation resulting from the damage to supply and the movement of global trade, with the Russian-Ukrainian war, and the suspension of supplies from the two countries, and this caused a wave of panic among investors. Which raised the demand for safe havens.
Gold prices today:
Carat 18 recorded 759 pounds per gram.
21 carat record 886 pounds per gram.
24 carat record 1012 pounds per gram.
The gold pound is 7088 pounds.
Gold ounce 1987 dollars.
Yesterday’s gold price
Gold prices were in the orbit of 880 to 882 pounds in transactions yesterday, Friday, but with the market tendency to close on a relative increase compared to the morning prices, prices began to rise to settle at levels of 886 pounds per gram, an increase of 6 pounds.
Gold prices in Egypt throughout the week
Over the course of this week, we have witnessed many developments and a continuous movement in gold between ups and downs, due to the great turmoil that the global stock exchanges have witnessed during the past days, as an ounce of gold rose to levels that exceeded 2070 dollars, which pushed gold in Egypt to reach levels of 900 pounds per gram of 21 karat It is the best seller in Egypt, for a short time in some trading sessions, but prices took their way to decline following the markets absorbed the shock of the Russian oil embargo decision.
Gold prices recorded levels higher than 21 months due to Russian-Ukrainian tensions, and the continuous escalation by the United States and European countries imposing economic sanctions on Russia, which caused damage to the global trade movement, affected stock prices and companies and raised the demand for safe haven currencies and gold.
