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Gold prices witnessed stability for the third day in a row after having witnessed fluctuations in recent days after talking about the second wave of the Corona virus and the discovery of a new drug for the treatment, and the position of fall and rise of the prices of various scattered investors of gold in the yellow metal as well as those who are about to buy.
The price of gold today in the local market
The price of 24 karat gold on the local market is 934.29 pounds, equivalent to 59.82 US dollars, while the price of 21 karat gold on the local market is 817.52 Egyptian pounds, equivalent to 52 , 34 US dollars, and 18 carats, its price in the local market is 700.73 Egyptian pounds, equivalent to 44.86 US dollars, and as a price per pound. Gold today in the local market is 6,540 pounds, equivalent to 418.73 US dollars.
Gold prices were recorded today 11/23/2020 in Egypt
The price of gold in the markets varies by region, the price of labor, and the price of 24 karat gold between 928 and 930 pounds. As for the price of 21 karat gold, its prices vary between 812 and 814 pounds, while the price of 18 karat gold varies between 696 and 698 pounds. The pound of gold is between 6,496 and 6,512 pounds.
Signs of a rise in gold prices in the coming period
Rajab Hamed, Chief Executive Officer of the Kuwait Bullion Group for Precious Metals Trading, expected another spike in gold prices over the next period, and the 24 gauge surpassed the £ 1000 barrier, emphasizing that it was inevitable late. or later. Hamid also added that gold has reached its highest level. Since last July, when its price reached 1960 dollars, and gold is one of the factors that affects the formation of the global economy, and therefore economists are interested in the price of gold and knowing its prices at daily, mainly because it directly affects the global economy.