Gold prices rise 3 pounds and 21 cents, 626 pounds per gram
The price of gold continued to rise on Saturday 8-6-2019 in the market in Egypt, where a noticeable increase of 3 pounds, to record the price of gold 21 caliber, which is the most popular and sold in Egypt 626 pounds per gram.
The rise in gold prices today in Egypt was the result of the rise in gold prices worldwide to 1340 dollars an ounce, up about 6 dollars, amid fears of a slowdown in the global economy as a result of the American escalation of China and Mexico.
Gold Prices in Egypt:
The price of 21 caliber recorded 626 pounds per gram
The price of the 18-caliber record 536 pounds per gram
The price of a 24 caliber record 715 pounds per gram
Pound Gold 5008 pounds.
The ounce of gold is $ 1340.
Gold has benefited from fears that US trade wars with Mexico and China could slow the global economy, the precious metal has risen 2.9 percent since the beginning of the week and is heading towards its biggest weekly gain since April 2016, news agencies reported.
Gold prices in Egypt may see some slight variation in the price of different calipers in the governorates of Egypt. This difference in the price of gold may be 50 piasters or one pound.
The seventh day provides a service for its readers and follow-up periodically, immediately and instantaneously to the prices of all different prices in the gold market in Egypt.
Gold prices in Egypt are subject to supply and demand, as well as to a rise or fall in the global market, as well as direct correlation with dollar prices in the parallel market of the dollar and the banking market.
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