In light of the decline in the purchase due to the spread of the new Corona virus and its impact on the global markets, gold prices witnessed stability today, Tuesday, 21-4-2020 in Egypt, in the beginning of trading today after 21 karat decreased by an average of 6 pounds, after the ounce fell, as the gram recorded 21 karat The most widespread and selling, about 737 pounds, today, compared to 744 pounds last week.
The price of an ounce has been stable until Monday, due to the continued closure of the gold stores, given the license to smell the breeze and the Cabinet’s decision to close all shops throughout Monday, in order to counter the spread of the Corona virus.
It is reported that the price of gold has risen since last week, reaching its peak in a week due to the high demand for safe haven due to fears of the worsening economic impact resulting from the pandemic of the emerging Corona Virus “Covid-19”.
In a related context, the American Investment Bank expected that the gold mineral will reach the level of $ 1,800 an ounce during the next 12 months, linking the jump in gold prices and what the US central bank announced, regarding unprecedented measures to support the deteriorating economy after the outbreak of the new Corona epidemic. ”
It is worth noting that the yellow metal is one of the most safe means that some may resort to in all of the world, in order to preserve personal savings, as many precious lovers of precious metals are also coming to the wedding.
The yellow metal governs 3 rules in Egypt, namely supply and demand, the price of an ounce of gold globally, and changes in the price of the US currency.
The “Egypt Five” website presents the price of gold today through a table that shows the latest gold prices in the Egyptian markets with its various calibles and the changes in the price of gold in gold prices, and everything that is emerging in the gold market in an instant.
| Unit | The price of gold in Egyptian pounds |
|---|---|
| 24 caliber | 839 to 843 |
| 22 caliber | 769 to 773 |
| 21 caliber | 734 to 738 |
| 18-gauge | 629 to 633 |
| Caliber 14 | 489 to 492 |
| 12-gauge | 419 to 422 |
| The ounce | 26,088 to 26,231 |
| Pound of gold | 5,872 to 5,904 |
| Kilo | 838,857 to 843,429 |
| Gold prices may vary from one goldsmith to another | |
Last update: 17 minutes ago
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