Gold prices stabilized today, Sunday, 5-4-2020 in Egypt, in conjunction with the weekly leave of the goldsmiths market and the movement of trading in gold stopped, as gold today recorded 700 pounds per gram for 21 karat, which is the best-selling in Egypt.
The stability of gold prices in Egypt comes in conjunction with the total closure of shops selling golden artifacts due to the ban on opening to the public, within the framework of government measures to limit the spread of the Corona virus..and the prices were as follows:
18 gauge is 600 pounds per gram.
21 caliber record 700 pounds forbidden.
Caliber 24 recorded 800 pounds per gram.
The gold pound is 5600 pounds per gram.
An ounce of gold is $ 1618.
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The main indicators of the Wall Street fell at the end of trading week “Friday” after the Corona virus suspended a record series of job growth in the United States that lasted 113 months and stoked fears of a deep economic slowdown.
The Dow Jones Industrial Average ended the trading session, down 360.91 points, or 1.69 percent, to 21,052.53 points. The Standard & Poor’s 500 Index closed 38.25 points, or 1.51 percent, to 2,488.65 points. The Nasdaq Composite Index fell 114.23 points, or 1.53 percent, to close at 7373.08 Point.
The three indices end the week on losses, with Dow Jones dropping 2.7%, S&P 2.08% and Nasdaq 1.72%.
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