Gold prices in Egypt rise 5 pounds today, Thursday April 30, 2020

Gold prices in Egypt witnessed today, Thursday April 30, 2020, “the seventh day of Ramadan 1441 AH”, an increase of 5 pounds compared to yesterday’s prices, as the 21st best-selling and most popular caliber in Egypt , in the goldsmiths market, gained £ 750 per gram, in light of the big drop in sales and expectations for more of the falling prices.

Globally, the price of gold rebounded after today’s initial losses as risk appetite was affected by the decision by the United States Federal Reserve to keep interest rates close to zero, and It was also affected by hopes of a new stimulus from the European Central Bank, according to Reuters news agency.

Gold prices in Egypt today

Today’s News website monitors gold prices in Egypt today at various jewelry stores, to serve the reader and for those seeking gold prices as a safe haven where a person can invest their money, in light of these conditions in which the world lives, taking into account that these prices differ from Place for another according to labor, since it came as follows:

• The 21 gauge price is £ 750 per gram.
• The price of the 18 gauge is 642.75 pounds per gram.
• The price of the 24 gauge is 857.25 pounds per gram.
• The pound of gold is 6,000 pounds, about 16 pounds less than yesterday.
• An ounce of gold is $ 1,713.

International prices

In the context of talking about gold prices in Egypt today, at 0813 GMT, the global spot gold price rose 0.3% to $ 1715.84 an ounce, while US gold futures rose down 1% at $ 1,730.30 an ounce, according to Reuters.

As for other precious metals, palladium increased 3.1% to $ 1995.87 an ounce, and platinum increased 0.2% to register $ 776.35 an ounce, while silver fell 0.5% to $ 15.29 an ounce.