2024-05-04 20:59:41
Gold prices fell today on the Egyptian market in the evening, Saturday, according to data from the “iSagha” platform, which specializes in gold trading and which determines gold prices in stores goldsmithing. This drop follows several others. the fluctuations that global markets have witnessed recently, which have affected the prices of many commodities, including the price of gold.
Gold price in Egypt today, Sunday May 5, 2024, morning
In price details, the selling price of 24 carat gold saw a decline to 3,525.75 pounds, while the price of a gram of 21 carat gold has now decreased by 5 pounds to reach 3 085 pounds.
Concerning 18 carat, the price per gram recorded a decrease of 4.25 pounds to reach 2644.25 pounds, while the price of 14 carat decreased by 3.25 pounds to record 2056.75 pounds.
The price of the gold pound in Egypt reached 24,680 pounds today and is stable.
The price of gold made in jewelry stores is determined based on several factors, the manufacturer, shape or pattern of the gold piece, as well as the store from which it is purchased.
These declines in gold prices are an opportunity for investors and buyers, as those who wish to purchase gold can take advantage of these low prices to improve their investment portfolios or keep it as a safe investment in light of the current global economic fluctuations.
Despite the current price decline, investors and buyers should be aware that gold price It may be affected by several changes in the global markets and hence prices should be monitored regularly and appropriate decisions should be taken based on the current economic and political conditions.
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