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After the first loss in 6 weeks globally .. What did gold prices do in Egypt?

12:55 PM

Saturday 18 January 2020

Books – Mostafa Eid:

Gold prices stabilized in Egypt during trading yesterday, Saturday, compared to their levels on Friday, after global prices concluded their weekly trading on the first loss in 6 weeks.

The Club Naguib, Secretary General of the Gold Division of the Cairo Chamber of Commerce, told Masrawy that the price of a gram of 21-carat gold settled at 683 pounds, which is the same level yesterday, Friday.

The price of a gram of 18 carat gold was about 585 pounds, and the price of a gram of 24 carat was about 781 pounds, and the price of a pound of gold reached 5464 pounds.

Globally, gold prices rose 0.3% during trading on Friday to 1557.24 dollars an ounce, but ended the week down 0.3% in the first loss in six weeks, according to Reuters.

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