Youm7 TV provided special coverage on gold prices, as it began to review prices during evening trading, and gold prices in Egypt rose at the end of Monday’s trading by at least 9 pounds, on average, compared to what the yellow metal was on last Saturday. .
And 21 carat, the most popular among the various gold bullets, amounted to regarding 1084 pounds for sale and 1090 pounds for purchase, compared to 1075 pounds for sale and 1079 pounds for purchase last Saturday..
The price of 24 karat, the highest category, reached regarding 1239 pounds for sale and 1246 pounds for purchase, compared to 1229 pounds for sale and 1233 pounds for purchase.
And the price of the middle 18 carat between gold bullets was regarding 929 pounds for sale and 934 pounds for purchase, compared to 921 pounds for sale and 925 pounds for purchase, last Saturday..
The price of 14 carat, the lowest category among gold bullets, reached regarding 723 pounds for sale and 727 pounds for purchase, following it was 717 pounds for sale and 719 pounds for purchase, and the price of the gold pound reached regarding 8672 pounds..
The coverage continued, that gold prices are generally witnessing a state of fluctuation and instability in light of the continuation of the Russian-Ukrainian crisis, interest rates, and the price of the dollar, but it remains a safe haven for investors, a store of value, and a tool for hedging once morest inflation.