Today, gold prices recorded a drop of just two pounds and the price of gold in Egypt jumped from 1227 to 1225 pounds per gram of 21 karat, which is the most traded in Egypt, at the beginning of the week. trade, amid expectations of other gold price changes in the coming hours.
Gold price in Egypt:
18 carats recorded 1050 lbs.
21 records of caliber 1225 lbs.
24 caliber records 1400 lbs.
The gold pound is 9800 pounds.
Gold prices rose about 2.8% during the settlement at the end of last week’s sessions, with the dollar’s performance declining following the release of the monthly American employment report, and monthly data on the US employment showed that the economy increased 261,000 jobs last month, compared to expectations of adding 200,000 jobs.
The Export Council for Building Materials, Refractories, Metal Industries, Construction and Building has announced an increase in exports of jewelry and precious stones in the sector for the period from January to September 2022, to record a value of 1 billion 126 million dollars compared to the same period in 2021, in which exports reached a value of 839 million dollars, an increase of 34%, and surpassed Canada The countries to which Egypt exports jewelry and precious stones, whose exports of Egypt totaled $ 601 million in the same period, compared with the same period last year, which recorded $ 440 million, an increase of 34%.
The UAE ranked second in Egyptian exports of jewelry and precious stones, and Egypt’s exports to it recorded $ 521 million in the same period compared to the same period last year, which recorded 290 million dollars, an increase of 80%, while Turkey was ranked third in terms of exporting countries to Egypt. Of jewelry and precious stones, which recorded 3 million dollars, compared to the same period last year, which recorded $ 1 million. Egypt exports to many countries such as Turkey, America, Germany, Bahrain and Italy.
