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Gold prices rose again in the local Egyptian market during trading on Wednesday.
The price of a gram increased by almost 7 pounds, compared to prices on Tuesday, according to the “Today News Gate” website.
Naguib Club, former secretary general of the Cairo Chamber of Commerce’s gold division, said the price of a 21-karat gold gram rose to 845 pounds today, up from 838 pounds yesterday.
The price of a gram of 18-karat gold reached around 724 pounds, and the price of a 24-karat gram was approximately 966 pounds, while the price of a pound of gold recorded 6,760 pounds.
Gold prices are reported to have risen globally, in morning trading, up 0.21% at 12:21 pm Cairo time, according to Bloomberg data.
The price of an ounce of gold reached 1926 dollars, an increase of 5.2 dollars an ounce compared to the beginning of the price.
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