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Amir Rizk, a member of the Gold Division, said that gold prices recorded a slight increase in global stock exchanges by about $ 2 an ounce, to record $ 1802, Tuesday.
The price of a gram of “24 carat” gold in Egyptian goldsmiths was 915 pounds, while “21 carat” recorded 801 pounds, “18 carat” recorded 680 pounds, while the price of a gram of “14 carat” gold recorded 530 pounds, and the price of gold was recorded 6,400 pounds.
“Rizk” added, in a statement to “Al-Masry Al-Youm”, that “the decline in gold prices globally compared to last week, as a result of the decline in purchasing by the end of the week’s transactions in global markets.”
And gold prices have recorded the highest rise since 2011, over the past week, as the ounce recorded $ 1811, this came in light of fears of the spread of a second wave of Corona virus, which led to an increase in demand for safe haven.
A member of the Gold Division explained that “the Egyptian market suffers from a complete stagnation in the sale and purchase movement, as a result of the deterioration of the financial situation of the family, which does not allow the purchase of gold, as well as the cancellation of weddings and celebrations.”
And the price of gold has recorded stability, yesterday, where the price of a gram of “24 carat” gold in Egyptian goldsmiths reached 914 pounds, while “21 carat” recorded 800 pounds and recorded “18 carat” 680 pounds, while the price of a gram of gold “14 carat” », 530 pounds, and the price of gold pounds recorded 6,400 pounds.
- The situation in Egypt