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Written by: Dia Al Sakka
Gold prices fell on Egyptian markets on Wednesday, August 14, to £ 8, after hitting a record high on Tuesday.
The price of gold in Egypt on Tuesday is a historic leap where the caliber has recorded 21,700 pounds, the highest price of precious metal history.
Gold prices in the domestic market are experiencing their greatest volatility since 2016.
Gold prices fell globally on Wednesday after the United States postponed the imposition of tariffs on some imports from China, which eased trade concerns, although Political uncertainty and persistent worries about global growth have limited losses of the yellow metal as a safe haven.
By 04:52 GMT, spot gold was down 0.3% to 1497.17 dollars an ounce, before bouncing back to 1501 dollars an ounce, but still below the price of 39%. yesterday, said Ruitzer.
The average gold prices in the Egyptian markets on Wednesday are as follows:
Caliber 18,599 pounds per gram
21 caliber at 692 pounds per gram
24 caliber at 791 pounds per gram
The price of gold pound 5536 pounds
PerceptiblePrices are free and may vary from one store to another.
This is the detail of the news after the historic rise. The drop in gold prices in the Egyptian markets today, we hope we will be successful in providing you all the details and all the information and making sure to follow all our news, you can subscribe to the system of alerts or to one of our different systems to provide you with all the news.
It should be noted that the original news has been published and is available on the summary. 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 evolution of this news from its main source.
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