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Gold prices settled Sunday, 22-7-2018 on Saturday's price, which rose in Egypt by 4 pounds to mark 21 caliber, the most prevalent on the Egyptian market 618 pounds per gram up here after a wave of decline lasted 4 days to record the price Gold in Egypt is the lowest level of a year.
The stability of gold prices Sunday, Egypt, came as a result of the authorization of the goldsmith market and stop sales and purchases in all provinces, the weekly holiday of gold traders.
The ounce of gold rose yesterday, registering $ 1232, up nearly $ 8 from Friday's first price, as investors head to the precious metal as a safe haven in the midst of major trade disruptions between America and China.
Gold Price Today in Egypt:
Caliber 18: 529.71 pounds
Caliber 21: 618 pounds
Caliber 24: 706 pounds
The price of gold in Egypt is influenced by several factors, the most important of which is the world price of ounces of gold, in addition to the supply and demand factor and the dollar price in the Egyptian banking market.
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