Gold prices today, Thursday 1-12-2022, in Egypt

We publish the latest update on gold prices today, Thursday, following an increase of regarding 15 pounds in Egypt today, to record prices of 1495 pounds per gram of 21 karat, which is the best-selling in Egypt without adding workmanship, following a significant rise in the past days with the tendency of consumers and capital owners to hedge once morest a drop in currencies. .

Gold prices today:

18 karat recorded 1281 pounds.

21 karat recorded 1495 pounds.

24 karat, a record of 1708 pounds.

The gold pound is 11960 pounds.

The total rise in gold prices at the end of last week reached 160 pounds in the Egyptian market as a result of the high demand for gold in the market and the decline in the volume of supply.

Precious metals need to import production requirements, all of which are not local, and these production requirements have increased significantly and significantly in recent times with the continued movement of the dollar, including, for example, “wax, rubber, brushes, fries, all of which are imported,” according to the Gold Division, which confirmed that the market is unstable In the current period, the factories bear many burdens as a result of the continued payment of labor costs and monthly obligations, with a continued noticeable decline in the sales of the occupied, and this undoubtedly reflected in the markets and prices.

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