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Reuters
Gold in Egypt
Gold prices in Egypt rose 3 pounds per gram during Monday's trading, reaching a new record.
The secretary general of the Cairo Chamber of Commerce's gold division, Naguib Club, told Masrawy that the price in 21-carat gold grams had now reached 708 pounds against 705 pounds and that the price of the goods had risen. he did not reach the gold gram at this value before.
The price of one gram of 18 carat gold for about 607 pounds and one gram of 24 carats for about 809 pounds, and the price of the gold pound has registered 5664 pounds .
Global gold prices hit a new high in more than six years on Monday, as global equities were hit by the latest round of US-China tariffs swap of their one – year trade war, which boosted the demand for safe assets.
Source: Masrawy
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