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Gold Prices in Egypt Soar to Record Historical Levels

Written by Islam Saeed Saturday, February 3, 2024 09:00 AM Retrieved gold Its sparkle again is close to recording the highest historical level in Egypt, in light of the increasing factors supporting itgold price In Egypt, the most common 21-carat gold opened trading today, Saturday, at the level of 3,950 pounds per gram, amid instantaneous changes in gold prices.

Gold prices in Egypt

24 karat records 4514 pounds.

21 caliber costs 3950 pounds.

18 karat weighs 3386 pounds.

14 karat weighs 2633 pounds.

The gold pound is 31,600 pounds.

The rise in the local gold price and recording a new historical level comes with support from the record high exchange rate of the dollar in the parallel market, which is the price at which gold is priced, in addition to continuing expectations about the future of the exchange rate.

The current movement in the price of gold reflects the rise in pricing factors in addition to the high demand for gold as a safe haven, and fears of waves of inflation in the Egyptian market.

2024-02-03 07:00:00
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