At the end of trading today, Wednesday, November 2, the gold price recorded a new drop of 7 pounds per gram, bringing the price of 21 karat gold to reach 1200 pounds, and 24 karat followed it near the 1378 pounds range.
Naguib Naguib, a member of the Gold Division of the Cairo Chamber of Commerce, said that the prices of gold grams in the local market witnessed a state of successive declines, affected by the movements of global stock exchanges, which ranged in the price of an ounce to reach near 1648 dollars.
And the member of the division noted during his statements today for the week, that the prices of gold bullion on the international stock exchanges were affected after the offering of varying quantities, reaching levels of 5 and 8 tons of gold.
Gold price forecast for tomorrow, Thursday
Najib expected the price levels of gold to rise again after the opening of the global stock exchanges for morning trading tomorrow, Thursday, November 3, to levels ranging between 1210 pounds for a gram of 21 karat gold and 1386 pounds for a gram of 24 karat gold.
Gold prices at the end of the day
The price of the gold pound today in Egypt 2022
The price value of a pound of 21 karat gold, weighing 8 grams, was about 9600 pounds
24 karat gold price per gram today
And about a gram of 24 karat gold in the local market today, Wednesday, it reached a price level near 1378 pounds
21 karat gold in Egypt
The price of 21 karat gold fell to reach at the end of Wednesday at the range of 1200 pounds per gram.
18 karat gold at the end of the Egyptian market
While the price of 18 karat gold stabilized at the level of 1033 Egyptian pounds per gram.
14 karat local gold price
The price of 14-karat gold also stabilized at the end of the market, reaching 805 pounds.
12 karat egyptian gold
And the price of 12-karat gold increased to 684 pounds, an increase of two pounds from its opening price at 682.
9 carat gold in Egypt
And the price of gold stopped at the end of Wednesday’s trading at 513 pounds.
global gold prices
While the price of a gold ingot weighing 50 grams, 24 karat, reached about 3,111 thousand dollars, Thursday, November 2,
Gold price per ounce today
As for an ounce of gold, its price level ranged at $1,648