2023-05-26 22:36:00
Nadi Naguib, Secretary General of the Gold Division of the Chamber of Commerce, confirmed that the gold market is global and affected by many factors, including inflation, war and peace, the price of oil, and buying and selling.
And the Gold Division of the Chamber of Commerce added, during a telephone interview on Al-Hadath Al-Youm channel, presented by the media, Muhammad Al-Koumi, that the global price of gold during this period is witnessing a significant decline, and the price of an ounce has reached 1948 dollars, and that this price is considered declining.
He pointed out that investing in securities is a major reason for lowering prices, and that the decline in the global gold price affects the price in Egypt.
He pointed out that the price of gold changes from morning to evening, stressing that the price of 21 karat gold is now 2375 pounds, and it was 2340 in the morning, so every hour the price of gold changes.
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