July 1, 2022

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Egypt .. Significant fall in gold prices for the first time in 3 months

Egypt .. Significant fall in gold prices for the first time in 3 months

Gold prices in Egypt hit a three-month low of 21 carats to less than 1,000 1,000 a gram.

According to today’s latest update, on Friday, June 10, 2022, the price of gold fell to 997 pounds, the lowest level in about three months, from 21 carats per gram, which is highly desired in Egypt. After it previously reached the level of 1275 pounds.

The General Body of Gold and Gold Services of the General Assembly of Confederations confirmed the fall in gold prices in global and local markets, registering a low of 21 carats below 1,000 1,000 for the first time in three months.

Also, according to the Cairo 24 website, the price of a gram of 24 carat gold fell to 3 1139, while the price of 21 carat gold, which is widely traded in Egypt and Upper Egypt, fell to 7 997 a gram. The most traded 18 carat gold in Lower Egypt was 854 pounds, the 8 carat 21 carat gold was 8000 pounds and the price was about 1845 dollars an ounce.


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