2024-04-03 07:29:00
Books – Islam Saeed Wednesday, April 3, 2024 09:29 AM
We publish Price of a gram of gold In Egypt, at the beginning of trading today, Wednesday, April 3, 2024, in the markets, in conjunction with limited changes in the movement of gold in the markets, and 24-karat gold, which is the caliber that makes up gold bullion, in Egypt recorded 3,531 pounds without manufacturing.
Gold prices in Egypt:
24 karat records 3531 pounds.
21 caliber costs 3090 pounds.
18 caliber costs 2649 pounds.
The gold pound is 24,720 pounds.
Gold performance in the first quarter of 2024
The first quarter of 2024 witnessed the largest fluctuations in the history of gold in Egypt, amid historical changes in the conditions of the Egyptian economy and the currency exchange rate, during which gold recorded record levels that no one had expected before, but the end of the quarter was unexpectedly calm, reducing the rise in gold. Significantly.
The price of gold rose during the first quarter of 2024 by only 2.8%. It opened trading this year at the most common level of 3170 pounds per gram of 21 carat, and closed trading in March at the level of 3080 pounds per gram, recording an increase of 90 pounds per gram. The highest level was recorded during the first quarter between levels of 4150 – 4200 pounds per gram, and the lowest level was at 2650 pounds per gram.
Gold prices during the first quarter show the violent fluctuations to which the precious metal was exposed. During the month of January alone, gold rose by 26% to gain 830 pounds, recording the highest level by the end of January, between an average of 4150 – 4200 pounds per gram, which is the highest level recorded by gold during the first quarter and in its history. According to Gold Bellion technical analysis.
The month of February also witnessed an increase of 26.8%, with a profit reaching 1075 pounds per gram, and the highest level recorded was in the same price range of 4150 – 4200 pounds per gram, before gold’s gains diminished during the month of March to become 5.3%, making a profit of 155 pounds and recording the highest level at 3350 pounds. per gram
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