witnessed gold prices In Egypt today, a movement of regarding 10 pounds to the level of 1180 pounds per gram, following recording prices to record levels in the past days, and following a clear decrease in gold prices in evening trading yesterday, at a value of 40 pounds per gram, and prices may witness other developments in the coming hours.
Gold prices today:
The price of 18 karat gold recorded 1011 pounds.
The price of 21 karat gold recorded 1180 pounds.
The price of 24 karat gold recorded 1049 pounds.
The gold pound is 9420 pounds.
The Gold Division confirmed that the gold supply crisis will vanish during the coming period, as well as there are strong measures by the state to control dollar prices. in gold.
In the words of Andrea Tadros, a member of the division’s board of directors, she added that what happened in the markets is very normal because the supply of gold is less than what is required, and that the dollar’s recent move has caused record levels of gold to be achieved at a price that exceeded 1200 pounds for the first time.
Regarding the future of prices, Andrea believes that gold prices in Egypt and the world cannot be judged in light of the continuation of the Russian-Ukrainian war, as well as the continuing waves of inflation in the world, which affected all countries, and given that gold is one of the most important means, its price will remain coherent until the markets calm down. “.