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The price of gold decreased for the second day in a row, during trading on Friday, October 30, 2020, to decrease by approximately 11 pounds per gram in two days, compared to yesterday’s and the previous day’s transactions.
Naguib Club announces the price of gold today, according to transactions:
Where the Secretary General of the Cairo Chamber of Commerce Gold Merchants Division, Naguib Club, said that the price of a gram of 21 karat gold decreased by 2 pounds during today’s trading, to record an amount of 820 Egyptian pounds, compared to 822 Egyptian pounds yesterday.
The price of a gram dropped 9 pounds during the day on Thursday, and that compared to its level yesterday Wednesday, the price of a gram per 18 gauge during the day today reached almost 703 pounds.
The price of a 24-karat gram is about 937 Egyptian pounds and the price of a pound of gold is about 6,560 Egyptian pounds. Globally, gold prices fell for the second day during the day yesterday, while an ounce lost 40.4 dollars.
And that from its value in two days and is due to a decrease of 2.1% before recovering part of its losses during the day today in an increase of 0.27%, while the price of an ounce of gold today registered the amount of US $ 1,872.60.