witnessed Gold price in Egypt Over the course of the week’s trading, an increase of 20 pounds, as 21 karat, which is the best-selling in Egypt, rose from 866 pounds per gram at the beginning of the week’s trading to 886 pounds per gram, which is the weekly closing price, as an ounce of gold recorded the price of 1970 dollars and rose more than once throughout the week, but The price at which prices settled at the end of trading, 1987 dollars.
Gold prices in Egypt during the week
In more than one trading session on gold this week, we witnessed big jumps for gold, bringing prices to record levels at 900 pounds per gram of 21 karat, which is the best-selling and sought-following in Egypt, following global ounce prices jumped to levels of $ 2070 in some trading sessions, at a time when it increased The demand for the yellow metal in global stock exchanges with the continuation of the Russian-Ukrainian war and the imposition of more sanctions on Russia.
Gold affected by the Russian-Ukrainian war
Perhaps the most prominent event now that negatively affects markets, stock exchanges, stock prices, currencies and gold is the Russian-Ukrainian war, as the demand for safe havens, especially gold, increased to great levels, but gold was the biggest beneficiary, recording clear price jumps, but prices took their way to decline with absorbing the shock of the decision The United States has banned the import of Russian oil and gas.
Gold price today in Egypt
The price of gold in Egypt today, Sunday, recorded a remarkable stability due to the weekly holiday for the markets and the suspension of trading on the precious metal on the global stock exchange, and then the stability of prices in the Egyptian market, but prices may move on the weekend in the goldsmiths market in some cases, including a change in the price of the dollar in Banks and official banks or an increase in the demand for gold.
Gold prices today:
18 karat at 743 pounds.
21 caliber at 886 pounds.
24 karat for 990 pounds.
The gold pound is 6928 pounds.
