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The gold market in Egypt saw a significant increase if the caliber 21 saw a rise of 9 pounds in a full 24 hours today, Tuesday, supported by the Electoral College announcement that Joe Biden officially won yesterday, as the 538 members voted based on last month’s election results in their states.
The price of gold in money markets and stock exchanges was up 9 pounds and 21 karats, 819 pounds, compared to 810 pounds yesterday in financial markets and world stock exchanges, while the price of 24,936 pounds was sold and 18 karats reached 702 pounds, and the gold pound was sold at 6000 and 555 pounds.
Goldsmith traders Dr Wasfi Wassef, head of the general gold and jewelry division at Egyptian chambers of commerce, expected the rise in gold to be the “master of the game”. here 24 hours. This rise is explained by the fact that Joe Biden’s victory gave greater impetus towards more incentives for investors to ask for gold.
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