Gold prices decrease in Egypt by the end of trading on Monday, April 27

Gold prices in Egypt witnessed a slight decline by about two pounds per gram in the end of trading on Monday 27 April 2020, the fourth day of Ramadan, on the first working day of the goldsmiths ’stores, after returning from the official holiday yesterday, as the prices were stable for three consecutive days , The last of which was yesterday.

Gold prices fell today, affected by the fall in the price of an ounce globally in the metal exchange, as the price of a 21 gram gold, sold and traded in Egypt, fell by about 748 pounds without workmanship, with a drop of two pounds from yesterday’s prices.

Gold prices in Egypt

The “Al-Youm Al-Ikhbariya” website monitors gold prices in Egypt today, at the goldsmith’s shops that started operating at ten thirty in the morning, and closed at five in the evening according to the decision of the Council of Ministers, as the prices came as follows:

• The price of 21 caliber recorded about 748 pounds.
• The price of 18 carat recorded about 641 pounds.
• The price of 24 carat recorded about 855 pounds.
• The price of the gold pound recorded about 5984 pounds.
• The price of an ounce was $ 1720.

Gold fell globally

In the context of low gold prices on Monday at the local level, the price of an ounce fell at the beginning of the week by about $ 8, to record $ 1720 today, compared to about $ 1728 yesterday.

The prices of the yellow metal are affected locally by many factors, most notably the price of the dollar against the pound in the local market, the prices of ounces on the gold exchange, economic decisions at the global level, and the decline in oil prices, all of this and others that lead to the change of gold prices up and down, whether locally or globally.

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