Gold prices.. That sentence that has become the preoccupation of Egyptians for months, but it seems that gold has lost its mind, and it can no longer be treated.
and elevation Gold price in Egypt Today, Friday, December 2, 2022, at regarding 50 pounds per gram of 21 karat, despite the decrease in the price of an ounce of gold in the global market by regarding $ 7, to fall to the level of $ 1796.
gold price today
gold prices In the Egyptian goldsmiths’ shops today, which are as follows:
The price of a gram of 24 karat gold
The price of 24 karat gold, the most common in the Gulf countries, rose by regarding 60 pounds, to record 1829 pounds.
The price of a gram of 21 karat gold
The price of 21 karat gold, the most traded in Egypt and the cities of Upper Egypt, increased by regarding 50 pounds, to record 1,600 pounds, for the first time.
The price of a gram of 18 karat gold
The price of 18 karat gold, the most common in the cities of Lower Egypt, gained 24 pounds, to reach 1371 pounds in goldsmiths’ shops.
Hani Milad said, “Good chief.” Gold DivisionThe rise in prices during the past two weeks was behind a significant increase in the volume of demand for bullion and raw gold, which exceeded the volume of supply in the local market, with the entry of hot money to speculate on the prices of the precious metal, which caused prices to rise to unprecedented levels throughout the year.
Milad added, in a statement, that the markets witnessed medium-sized selling operations over the past two days from some crude holders to stabilize the market condition, which witnessed continuous rises from hour to hour during the past week, and prices began to stabilize relatively, slowing the rate of change throughout the day.
Milad predicted that the price will continue to decline with the increase in the volume of supply, which will coincide with consumers’ willingness to sell to reap what they have achieved. gold price earnings over the past week.
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