Tuesday , June 22 2021

A sudden rise in the price of gold in Egypt – the economy – the Arab economy



The price of gold in Egypt rose sharply on Thursday, after falling sharply as it was hit by the rise in world gold prices, which jumped after the governor’s statements the Federal Reserve.

In recent days, the price of gold has witnessed a state of instability due to its impact on the overall price of gold, which is also witnessing instability for fears of the third wave of Coronavirus. (Covid-19) and expectations of new American taxes, which has an inverse relationship with the yellow metal.

The world price of gold rose sharply from lows of $ 1,726 to $ 1,744 an ounce, and the U.S. dollar index retreated slightly from its high during the day following statements by the president of the Federal Reserve, Jerome Powell, on Thursday, said there would be changes in current Federal Reserve policy. Slowly and with great transparency “only after the economy has fully recovered, assuring that prices will not rise, saying that price increases will only be considered” when the economy has recovered almost completely ” .

In Egypt, the price of 21 carat gold was recorded at 772.58 pounds, while it had been recorded at 12 in the afternoon, 766.46 pounds, and had been recorded at 769.14 pounds at the end of the Wednesday negotiation.

Economists expect the price of gold to fall again due to the rise in the price of the dollar to its highest level in 4 months, which encourages investors to resort to it as a safe haven.

The newspaper Al-Masry Al-Youm published a list of the price of gold in Egypt and world markets in the midst of today’s trade, Thursday, March 25, 2021

1 – The price of 24 carat gold in Egypt is £ 882.95 and $ 56.09 worldwide

2 – The price of 22 carat gold in Egypt is £ 809.37 and $ 51.42 worldwide

3- The price of 21 carat gold in Egypt is 772.58 pounds and $ 49.08 worldwide

4- The price of 18 carat gold in Egypt is 662.21 pounds and 42.07 dollars worldwide

5- The price of 14 carat gold in Egypt is 515.05 pounds and $ 32.72 worldwide

6- The price of 12 carat gold in Egypt is 441.48 pounds and $ 28.05 in the world

7 – The price of 10 carat gold in Egypt is £ 367.90 and $ 23.37 worldwide

8- The price of a pound of gold (8 grams, 21 carats) in Egypt is 6,180.66 pounds and $ 392.66 worldwide.

9- The price of an ounce of 24 carat gold in Egypt is 27,462.85 pounds and $ 1,744.75 worldwide

10- The price of the gold bar (weight 100 grams, 24 carats) in Egypt is 88,295.10 pounds, $ 5,609.49

11- The price of a kilo of 24 carat gold in Egypt is £ 882,951.03 and $ 56,094.93 worldwide.

The price of gold at the beginning of trading on Thursday, March 25, 2021 in the morning

1- The price of 24 carat gold is £ 880.11, $ 55.72

2- The price of 22 carat gold is £ 806.77, $ 51.08

3- The price of 21 carat gold is 770.10 pounds, $ 48.75

4- The price of 18 carat gold is 660.08 pounds, $ 41.79

5- The price of 14 carat gold is £ 513.40, $ 32.50

6- The price of 12 carat gold is 440.06 pounds, $ 27.86

7- The price of 10 carat gold is 366.71 pounds, $ 23.22

8- The price of a pound of gold (8 grams, 21 carats) 6,160.79 pounds, $ 390.03

9- The price of an ounce of 24 carat gold is 27,374.56 pounds, $ 1,733.05

10- The price of the gold bar (weight 100 grams, 24 carats carats) 88,011.27 pounds, 5,571.89 dollars

11- The price of a kilo of 24 carat gold is £ 880,112.67, $ 55,718.85

The price of gold in Egypt and internationally at the end of trading on Wednesday, March 24, 2021

1- The price of 24 carat gold in Egypt is 879.02 pounds and $ 55.78 worldwide

2- The price of 22 carat gold in Egypt is 805.77 pounds and 51.13 dollars worldwide

3 – The price of 21 carat gold in Egypt is £ 769.14 and $ 48.81 worldwide

4- The price of 18 carat gold in Egypt is 659.27 pounds and $ 41.83 worldwide

5 – The price of 14 carat gold in Egypt is 512.76 EGP and worldwide is $ 32.54

6- The price of 12 carat gold in Egypt is 439.51 pounds and $ 27.89 worldwide

7 – The price of 10 carat gold in Egypt is 366.26 pounds and 23.24 dollars worldwide

8- The price of a pound of gold (8 grams in weight, 21 carats) in Egypt is 6,153.14 pounds and $ 390.45 worldwide.

9- The price of an ounce of 24 carat gold in Egypt is 27,340.60 pounds and 1,734.90 dollars worldwide

10- The price of the gold bar (weight 100 grams, 24 carats) in Egypt is 87,902.06 pounds and in the world is 5,577.83 dollars

11- The price of a kilo of 24 carat gold in Egypt is 879,020.60 pounds and $ 55,778.25 worldwide.

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