The gold pound declines for the second time in the markets by about 40 pounds

The gold pound declines for the second time in the markets by about 40 pounds

2024-04-17 18:15:00

Books – Islam Saeed Wednesday, April 17, 2024 08:15 PM

to attest The price of the gold pound in Egypt It fell for the second time by regarding 40 pounds following falling by 40 pounds in the middle of trading, bringing the total drop to 80 pounds, following the price of 21 carat gold in Egypt fell by regarding 10 pounds in two stages, which contributed to the decline in the price of the gold pound from 26,040 to 26,000 pounds now, without manufacturing.

A. bears witnessGold pound manufacturing prices In Egypt, there is a noticeable stability between 270 and 432 pounds for the highest workmanship in companies producing pounds and coated coins, while the workmanship of the local gold pound is recorded between 250 and 270 pounds.

The gold pound in Egypt is one of the most important investment means in the markets, and the demand for it has jumped significantly in the past years, making the gold pound a large number in the investment equation in the gold market in Egypt.

The gold pound in Egypt weighs 8 grams of 21 karat, which is the most popular in Egypt. Its price is calculated through a price equation by multiplying the number 8, which is the weight of the pound, by the price of 21 karat, and the result is the price of a gold pound without manufacturing.

Market traders expect a further decline in the price of the gold pound, coinciding with the continued decline of 21-carat gold due to the decline of the dollar in banks.

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