rose gold prices In Egypt, during the evening trading for the second time, regarding 10 pounds, bringing the total rise to 20 pounds in less than an hour, with a clear increase in the international prices of gold, as the ounce jumped to levels of 2060 dollars at the time of writing these lines, which is reflected in the prices of gold in the Egyptian market.
The price of a gram of gold today
And the price of a gram of 21 karat gold now in Egypt is 900 pounds per gram, for the first time in 19 months, which is the highest price level in Egypt since August 2020.
Gold prices in Egypt, 18 karat records 769 pounds per gram, 21 karat now records 900 pounds per gram, 24 karat gold records 1025 pounds per gram, and the gold pound is 7200 pounds.
Mamdouh Abdullah, a member of the Board of Directors of the Precious Metals Division, said that the situation is now linked to the fate of the Russian-Ukrainian war, as minerals are in very high demand now in global stock exchanges, which is reflected in gold in the Egyptian market.
He added, in exclusive statements, that gold prices are recording continuous changes in the Egyptian market, with the acceleration of the rise of gold in global stock exchanges, pointing out that the significant increase in gold may lead to a decline in sales of the precious metal with a decline in the purchasing power of the consumer as a result of another wave of inflation.