The price of gold in Egypt today is Sunday 5-3-2020 and 24 carats registers 848 pounds in goldsmith shops.

Gold prices stabilized in Egypt today, Sunday 20-20-2020, according to the latest updates in goldsmith shops. With the start of transactions for the week, the 21-day caliber, which is the most traded and sold in the local market, was 742 pounds per gram, which is the same price yesterday with several peaks of decrease and increase that it witnessed. at the end of transactions Last week, we noticed the instability of yellow metal prices, ranging from rising once and falling again on the same day due to the tension of the local and global economy due to the global epidemic that dominated the world.

The stability of gold prices in Egypt today and 24 carats registers 848 pounds per gram

Yellow metal prices in Egypt are affected by price movements witnessed by international prices and for many reasons, including at this time that companies closed across the country and laid off tens of millions of workers, and the US economy. drowned in a state of paralysis in just a few weeks, and the production and import wheel slowed AND export and stop tourism and the decline in the world price of oil, all this leads to instability in international prices that affect the price of gold locally.

Gold prices stabilized in Egypt today, Sunday, with the week’s trading beginning and stores returning to open after closing in the ban period for two consecutive days on Friday and Saturday. Gold gradually declined during last week’s trading due to new optimism for investors as it pushed them to abandon the yellow metal as an ideal safe haven in this era. A crisis, which caused the decline of gold, but economists expect prices to rise and reach a historic price again.

Gold prices in Egypt today, Sunday, in goldsmiths

Due to the remarkable stability observed in precious metal prices globally, local gold prices stabilized today as they rose by $ 28 yesterday, reaching the price of one ounce of gold today, according to the latest update from International Metal Exchange $ 1704, and this led to its local stability.

We show the average gold prices in Egypt today according to the latest updates and mid-day transactions without labor, as they may differ from one goldsmith to another, with the possibility of changing these prices at the end of the day’s transactions due to the instability of the precious metal, which varies between ups and downs in hours.