Gold prices in Egypt witnessed remarkable stability in evening trading, and 21 karat gold, which is the most traded in Egypt, amounted to 1075 pounds per gram at the time of writing these lines, for gold to continue its decline following recording historical levels at the beginning of this month.
Gold prices today
18 caliber records 921 pounds
21 caliber records 1075 pounds
24 karat records 1228 pounds
The gold pound is 8600 pounds
Over the past week, gold prices in Egypt recorded a drop of regarding 140 pounds per gram, as 21 karat, which is the best-selling in Egypt, declined from 1220 pounds to 1080 pounds per gram, due to a noticeable decline in the dollar, which put pressure on gold prices in Egypt and fell Since last Monday until now this value.
And gold prices in Egypt witnessed a decline of regarding 140 pounds during the past week, following prices recorded high levels and were measured this month, following the rise of the dollar in the parallel market. Collection instead of documentary credits
And US gold futures fell 0.6% to $ 1797.40 an ounce, and earlier in the session, gold prices fell 1.4 percent to the lowest level since January 31, recording $ 1786.60 an ounce.
The US dollar consolidated gains near a two-decade peak as weak data on the Chinese economy hurt cyclical currencies including the British pound and the Australian dollar, reducing gold’s safe-haven appeal for holders of other currencies.
