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Urgent .. The price of gold drops 8 kilos with the start of trading today
How did Trump ignite gold prices in Egypt?
The arrest of a woman specializing in the theft of goldsmiths in Alexandria
The drop in gold prices early in the day today .. 24 and the standard of 796 pounds
Mr. Rafiq Abbasi, head of the goldsmiths division of the Federation of Industries, expects the value of goldsmith sales to increase over the coming period, which coincides with the period of the parties and offers gifts and the large number of newlyweds and fiancés during this period, noting that the value of the increase will not be great, but that it will move relative market.
He added "Abbasi" to "home" that this request will not be important because of low purchasing power and the lack of surplus funds to buy gold, pointing out that gold sales in Egypt have fallen from 300 tons per year to 50 tons in recent years. Purchase movement in general, during this period increases the sale of gold and does not buy it.
He attributed the current upward and downward volatility of gold prices to external factors, including trade war and global market stress.
Date: 2019-08-11
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