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Gold Prices Today in Egypt and Successful Initial Subscription in Precious Metals Fund

Gold prices recorded today, Tuesday 6-6-2023 in Egypt, at the end of morning trading, the same bearish levels at which they traded at the beginning of today’s trading, in conjunction with the successful closing of the initial subscription in the investment fund in gold – ahead of schedule.

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The liquidity collected represents the first tranche of the first precious metals fund in Egypt, with an initial subscription size of 152.8 million pounds, with coverage exceeding 15 times, and the number of investors exceeding 7 thousand investors.

The price of gold today, Tuesday

Today, the price of 24 carat gold in Egypt recorded about 2685 pounds, while the purchase price of 24 carat was about 2674 pounds.

Gold prices today in Egypt, 21 karat, factory

The selling price of a gram of 21 carat gold today was about 2350 pounds, while the purchase price of 21 carat today was 2340 pounds.

How much gold prices today?

The price of gold today in Egypt, 22 karat, traded at the level of 2462 pounds, while the purchase price of gold today is now 2451 pounds.

The price of 14 karat gold in Egypt amounts to 1566 pounds for purchase, while 14 karat gold in Egypt sells for about 1560 pounds.

What is the price of a pound of gold?

Today, the price of a 21-carat gold pound in Egypt records about 18,800 pounds, and this price is without workmanship, stamps, or the tax imposed on the pound in Egypt.
Today’s gold price is 18 karat

The gold fund in Egypt

For the first time in Egypt, the Financial Supervisory Authority approved the issuance of the first precious metals fund and the first tranche of it, and the subscription in it was closed today, and it is a prelude to dealing with a new class of assets in the money market and diversifying options for investors to employ savings and investments, a step that fully coincides with The government’s ambitious financial inclusion plan.

2023-06-06 11:03:00
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