Wednesday January 12 2022
I wrote – Sherine Dalah:
The price of gold fell today, Wednesday, in Egypt, during trading, at a slight value, and the gram fell by one pound, compared to its level in the middle of today’s trading, due to the decline in the metal globally, according to Naguib Naguib, former Secretary General of the Gold Division at the Cairo Chamber of Commerce, to Masrawy.
The movement of gold in the local market has been fluctuating between ups and downs since the beginning of this month, according to Najib.
Najib added that the buying and selling movement is weak in the local market during the current period.
And gold sales declined during the last quarter of this year, especially with the beginning of the school year, according to Ihab Wassef, head of the Gold Division of the Federation of Industries, to Masrawy earlier.
Hani Milad, head of the Gold Division at the Cairo Chamber of Commerce, expected the market’s sales to move during the first half of the academic year vacation.
Gold prices today
14 karat gold prices fell to 530 pounds per gram.
And the price of 18 karat gold fell to 681 pounds per gram.
And the price of 21 karat gold fell to 795 pounds per gram.
And the price of 24 carat gold fell to 909 pounds per gram.
gold pound price
The price of the gold pound fell to 6360 pounds, and the price may vary from one dealer to another, and this price is equal to the value of gold in the pound, and its price is linked to the prices of a gram of 21 karat.
The price of gold today in the world
The global price of gold fell during today’s trading session, to about $ 1821 an ounce, at 4:12 pm Cairo time, according to Bloomberg Agency data.
And you can follow up on gold prices today and around the clock through this service from Masrawy: gold prices