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Amir Rizk, a member of the Jewelers Division, advised those wishing to buy gold that they should go shopping immediately and not delay.
Rizk confirmed to Al-Masry Al-Youm that gold prices are expected to rise significantly after the end of the US elections, and the stability of global conditions, such as the impact of the elections in all global markets.
Rizk said: I advise young people who are about to get married, to go buy gold during that period, for fear that the prices will rise during the next period, and I also advise others, who are not lucky enough to find a partner. for life, they buy pounds of gold, at current prices, and replace them with gold jewelry when buying the network. , Not having been damaged by the walk at that time
Rizk indicated that those who wish to invest should buy gold coins that are not loaded with the manufacturing price or anything, since they are crude gold, and the prices will rise significantly in the coming months, and that by the end of 2021 the price is expected of the 21 grams of the most popular in the Egyptian market reach 1000 pounds. .
Today, gold prices on the local market fell at a rate of one pound per gram, where a 21-karat gold gram registered around 829 pounds, down from 830 pounds yesterday.
The price of 18 karat gold reached around 709 pounds on the market today, while the price of 14 karat reached 551 pounds a gram.
The price of 24-karat gold dropped to approximately 945 pounds per gram, bringing the price of one pound of gold to approximately 6,616 pounds.
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The situation in Egypt
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Injuries
107,925
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Recovered
99,652
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Mortality
6,291
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