2023-04-23 16:59:18
The price of gold continues its suspicious rises during trading today, Sunday 4-23-2023 (the third day of Eid Al-Fitr) in the goldsmiths’ markets in Egypt, as 21 karat witnessed an increase of regarding 35 pounds to 2455 pounds, and it may touch 2500 in workmanship, compared to what the prices were in the middle of trading. Today, the rest of the bullets also witnessed varying heights, albeit at limited levels.
The price of gold in Egypt
In addition, the local gold markets witnessed, during the trading week ending yesterday evening, Saturday, a state of confusion, inconsistency, and manipulation in pricing, and major traders went to put a hedge price for the dollar, which recorded regarding 44 pounds, despite the decline of an ounce on the global stock exchange by 1% and falling below the level of $ 2000. .
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| The gold price in Egypt today, Sunday, April 23, 2023 | ||
|---|---|---|
| gold price | sale | buying |
| 24 karat | 2806 pounds | 2773 pounds |
| 22 caliber | 2572 pounds | 2541 pounds |
| 21 caliber | 2455 pounds | 2425 pounds |
| 18 karat | 2104 pounds | 2078 pounds |
| 14 karat | 1637 pounds | 1617 pounds |
| 12 karat | 1403 pounds | 1386 pounds |
| 9 caliber | 1017 pounds | 1007 pounds |
A state of confusion in the gold markets
For his part, Saeed Imbaby, Executive Director of the iSagha platform for gold and jewelry trading, commented on the successive jumps in the levels of gold prices, saying: The gold markets witnessed a state of confusion during the week’s dealings, as prices rose to historical levels without justification, and in light of the decline of ounces on the global stock exchange, as The market closed on the night of Eid al-Fitr at a level of 2375 pounds, and some shops decided to deal at the closing price, and some decided to close in conjunction with the Eid holiday, with work starting on Monday, and others decided to deal at a price ranging between 2420 and 2450 pounds, for the purpose of insurance once morest possible fluctuations, and the price was The most traded at 2430 pounds for the price of a gram of 21 karat gold.
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