2023-11-09 11:30:17
We opened today with the news of a decline in gold prices for many karats, the gold pound, and everything related to transactions conducted on gold. This decline comes as a result of stability in the Egyptian market and the Central Bank’s keenness to control gold prices in the markets without merchants interfering in pricing grams and so on.
A noticeable decline in gold prices in the market
The market is going through stable moments at this time, but the appearance may be deceiving because it is possible that after a few hours we will find a rapid rise in prices. Perhaps this stability is just a period of taking a breath, as gold prices fell in Egyptian jewelers’ shops this morning.
Low local prices despite global fluctuations
The price of 21 karat gold decreased, as it gave up the recent increase it witnessed to decrease by 45 pounds. As for the price of 18 karat gold, it also decreased, along with some other karats, the prices of which we will learn now.
Gold prices today after the decline
Caliber Price 24 karat 2943 21 karat 2575 18 karat 2207 14 karat 1717 gold pound 20600
After the decline in these prices, investors, those interested in economic affairs, and people who buy gold for occasions remain in a state of anticipation for such times in order to make purchases so as not to buy it while it is in a state of high prices. This is their profit policy. What is certain is that gold will continue to maintain its value and brand, whether in This time or the times to come, as happened before in the first ages.
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