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Gold prices registered at the beginning of trading today, price stability, compared to the end of trading today, Saturday, after prices witnessed a notable increase yesterday Friday, amounting to around 17 pounds, and by observing the average gold price of 24, 21 and 18 pounds of gold in jewelry stores during the day today, Sunday, October 11. This year is the following:
Gold prices today in Egypt
- 24 karat gold
The price of 24 karat gold ranges from 953 to 955 pounds. - 21 karat gold
The price of 21 karat gold ranged from £ 834 to £ 836. - 18 karat gold
The price of 18 karat gold ranged between 715 and 717 pounds. - The price of pounds of gold
The price of a pound of gold was about 6,688 pounds.
International gold prices
According to Reuters, gold prices rose to around 1% yesterday, due to the weakness of the dollar to advance towards a second consecutive weekly gain, with the increasing attractiveness of the yellow metal with the increase in inflation coverage due to renewed optimism about a new US aid package to mitigate the impact of the coronavirus.
Gold, a hedge against inflation and currency devaluation, has risen about 26% since the beginning of the year, supported by unprecedented global stimulus to mitigate the economic impacts of the Corona epidemic.
Regarding other precious metals, silver was up 1.5% to $ 24.17 an ounce and was up 2% for the week, platinum was up 1.5% to $ 875.33 and palladium was up 0 , 5% at $ 2383.16.
