During today’s trading, Sunday, August 9, 2020, the price of gold in the local market stabilized, after the sudden drop that occurred yesterday, Saturday, as Naguib Club, Secretary General of the Gold Division in the Cairo Chamber of Commerce, spoke.
Gold grams in the local market today, Sunday:
He said that the price of a gram of gold for 21 karat has stabilized today, Sunday, at the amount of 910 Egyptian pounds, which is the price yesterday. The price of a gram of gold for 18 karat is approximately 778 Egyptian pounds, and the price of a gram of 24 karat is about 1031 Egyptian pounds.
The price of the gold pound has also reached an amount of 7280 Egyptian pounds. On the other hand, gold prices have witnessed record highs for two weeks, with the jump in the prices of the yellow metal at the global level.
This will be in the midst of a blurry recovery from the spread of the new Corona virus, Covid 19, which affected the economic level and the trade war between America and China, and today is an official holiday at the Global Gold Exchange.
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