Gold prices fell today in the Egyptian market about 12 pounds, after a significant rise in prices on the international stock exchanges and Egypt a while ago, and gold began to decline after the markets absorbed the decision to ban the import of oil from Russia. Global stock exchanges or the local market.
Gold gram prices today
18 caliber records 761 pounds
21 caliber records 888 pounds
24 karat records 1015 pounds
Gold prices rose to an unprecedented record level today at 2070, with the strengthening of the demand for the metal as a safe haven due to concerns about the economic repercussions of the growing injuries of Covid-19, which is the highest level of the yellow metal, as the ounce broke the resistance barrier.
As for the reason for the rise in gold prices, the main reason is the Ukrainian-Russian war that casts a shadow over the global markets, as the movement of stocks and currencies is turbulent, and oil continues to record high levels, and during the spot transactions this morning, the global market witnessed the continued high demand for the yellow metal as a safe haven.