[ad_1]
Mohamed Ismail – Cairo – Written – Shaima Hefzi:
Gold prices continued to stabilize in Egypt, during Sunday's talks, at the same level yesterday.
Club Naguib, secretary of the gold section of the Cairo Chamber of Commerce, told Masrawy that the price of one gram of 21 carat gold was set today at 685 pounds, the same price yesterday.
The price of a gram of 18-carat gold is about 587 pounds and a gram of 24 carats of about 783 pounds. The price of the gold pound has 5480 pounds.
Najib attributed the stability of gold locally to the closure of global markets, which is expected to resume work on Monday.
At the global level, gold prices stabilized on Friday and closed their best week in more than three years. They remained close to $ 1,500 an ounce, thanks to looser monetary policies of major central banks, rising trade tensions between the United States and negative yields on global government bonds. .
The spot gold price for the late late trading in the US market amounted to $ 1497.20 ounce, down 0.2% after crossing earlier this year. week the $ 1,500 barrier for the first time since April 2013.
Futures on US gold fell 0.1% to settle at $ 1508.50 an ounce.
This is the detail of the price of gold in Egypt during the negotiation of Eid al-Adha today. We hope to have been able to provide you with all the details and information and to follow all our news, you can subscribe to the system of alerts or to one of our various systems to provide you with all the novelties.
It should also be mentioned that the news of origin has been published and that it is available on Masrawy. It has been confirmed by the editorial team of Gulf 365 and may have been modified and fully transferred or cited. You can read and follow the news of this news from its main source.
[ad_2]
Source link
