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A sudden rise in gold prices in Egypt now

The price of gold today, Wednesday January 1, 2020, the price of gold rose suddenly today by 7 pounds, compared to the price of gold in the beginning of today’s trading, on all gold prices today in goldsmiths stores in Egypt, after the global gold price rose to 1522 dollars an ounce, and the price of gold rose Today’s gold caliber 24 to 777 pounds, and the price of gold today 21 carat rose to 680 pounds, and the price of gold today 18 carat rose to 583 pounds, and the price of gold today reached 5440 pounds.

Globally, gold prices rose to their highest levels in three months during today’s trading thanks to the weakening of the dollar, while the price of gold tends to achieve the best annual performance in about ten years, according to Reuters.

The price of gold today in spot transactions reached its highest level since September 25 at $ 1525.20, and rose 0.6% to $ 1524.44 an ounce, and US gold futures increased 0.6% to $ 1527.60.

The price of gold has risen about 19% this year, its biggest gain since 2010, due to the tariff war between the United States and China, which launched a monetary easing process by major central banks.

In its next report, the Egypt 365 website monitors a table of the latest gold prices in the markets, its various calibles, and the changes in the gold price, and everything that is emerging in the gold market, moment by moment, as the table includes a continuous update of the gold prices (18 carat, caliber 21, 24 carat », as well as the price of the gold pound, the price of an ounce of gold.

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Average gold prices today in the financial markets in Egypt

Unit Egyptian Pound American dollar
24k gold prices 784.91 pounds $ 48.94
The price of 22 carat gold 719.51 pounds $ 44.86
21k gold price 686.81 pounds $ 42.82
18k gold price 588.69 pounds $ 36.70
14k gold price 457.87 pounds $ 28.55
The price of 12-carat gold 392.46 pounds $ 24.47
The price of gold 9 carat 294.34 pounds $ 18.35
Gold price per ounce 24,411 EGP $ 1,522
Prices of gold pounds 5,495 pounds $ 342.58
Kilo gold prices 784,911 pounds $ 48,939

Average gold price in the past days in Egypt in the financial markets

Today 24-gauge 21 caliber
December 30 781.66 683.97
December 29 779.75 682.30
December 28 779.75 682.30
December 27 779.10 681.73
December 26 779.82 682.36
December 25 774.61 677.80
December 24 774.46 677.67
December 23 766.87 671.02
December 22 762.95 667.60
December 21 762.95 667.60
December 20 762.60 667.29
December 19 763.60 668.16
December 18 762.23 666.96
December 17 761.04 665.92
December 16 762.16 666.91
December 15 765.40 669.74
December 14 765.40 669.74
December 13 765.40 669.74

The gold price has witnessed a state of instability since the outbreak of the trade war between the United States of America and China, as the war erupted between the two largest economies in the world by imposing many customs duties on the imports of the Chinese state, which in turn was responding to American decisions, and during the current time it is going Steps towards negotiations between the two countries amid a state of anticipation among investors who resort most of the time to gold as a safe haven for investment.

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