2024-03-02 20:30:00
Islam Saeed wrote Saturday, March 2, 2024 10:30 PM
Gold prices in Egypt continued to decline in evening trading today, Saturday, with gold recording its lowest level since last November, bringing the price of 21 carat gold, which is the best-selling gold in Egypt, to 2,770 pounds per gram without any manufacturing additives.
Gold prices today
24 karat records 3166 pounds.
21 caliber costs 2770 pounds.
18 karat carat costs 2375 pounds.
The gold pound is 22,160 pounds.
Gold price in February 2024
An ounce of global gold ended February’s trading with a slight increase. Volatility was dominant in movements during most of this month’s trading periods, but the consistency of the gold price reflects its ability to withstand negative pressure from US interest expectations due to continued demand for the precious metal.
The spot gold price rose during the month of February by 0.3% to close at the level of $2044 per ounce, following recording the highest level during the month at $2065 per ounce and the lowest level at $1984 per ounce.
Despite the significant rises and falls during the last 3 months of trading in the global gold price, it is noted that the sideways trend was dominant in gold’s movement despite this, and that most of the trading periods were limited to the region of 2000 – 2050 dollars per ounce.
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