Media reports revealed a decline in gold prices today, and this is following prices had witnessed noticeable increases over the recent period, but in the end the price of a gram of gold fell by regarding 5 to 10 pounds in the price of a gram, and this is despite the fact that there are expectations that rises will occur. New ones within the coming days, whether at the local or global level.
Gold prices today in Egypt
Many expect that there will be an increase in the price of a gram of gold during the coming period, with the approach of Eid Al-Fitr, which usually witnesses a great demand for the purchase of the precious metal during happy occasions such as engagement parties and weddings.
The gold prices came at the end of trading on Wednesday in Egypt as follows:
- The price of a gram of 24 karat gold today has recorded regarding 2400 pounds for sale, and 2360 pounds for purchase.
- The price of a gram of 22 carat gold has recorded regarding 2200 pounds for sale, and 2163.25 pounds for purchase.
- The price of a gram of 21 carat has reached 2100 pounds for sale, and 2065 pounds for purchase.
- The price of a gram of 18 karat has today recorded regarding 1800 pounds for sale, and 1770 pounds for purchase.
- The price of a gram of 14 karat gold has reached regarding 1400 pounds for sale, and 1376.75 pounds for purchase.
- The price of a gram of 12 karat gold has reached 1200 pounds for sale, and 1180 pounds for purchase.
- The price of the gold pound has recorded regarding 16,800 pounds for sale, and 18,235 pounds for purchase.
Gold prices globally today
Gold prices at the global level recorded a significant decline during the last hours, and this is following the price of an ounce of gold reached regarding 1955 dollars for sale, and 1953 dollars for buying, following it was at the beginning of the week recording regarding 2009 US dollars, and this is in light of the decline in fears of the continuation of the US banking crisis. .