We publish an update on gold prices in Egypt in evening trading after a drop of about 40 pounds today, due to the decline of the global stock market after a significant rise as a result of the war in Iran, while the gap between the buying and selling prices in Egypt jumped by more than 100 pounds.
Gold prices today
– 24 karat records 8274 pounds
– 21 caliber costs 7240 pounds
– 18 karat records 6206 pounds
– The gold pound is 57,920 pounds
During the past week, 21 karat gold rose by 2.9%, recording the highest price at 7,100 pounds per gram. It closed the week’s trading at the level of 7,100 pounds per gram, and had opened the week’s trading at the level of 6,900 pounds per gram.
Gold in Egypt witnessed an increase during trading last week and during the entire month of February, as it found support from the movements of the global gold price in addition to the movements in the exchange rate of the dollar against the pound, causing the local price to rise, with price developments awaited after the outbreak of the US-Iranian war. Gold may target levels of 7,500 pounds with continued escalation and expectations of a global rise in gold.
