Gold prices today in Egypt witnessed a decline of about 5 pounds for the second time after the decline of 5 pounds in the morning, and a gram of 21 karat gold recorded a price of 1010 pounds per gram at the time of drafting these lines, with a decline in demand for gold.
Gold prices today:
18 karat records 875 pounds.
21 caliber records 1010 pounds.
24 carat records 1154 pounds.
The gold pound is 8080 pounds.
And the Gold Division later announced that there is a tendency to reintroduce 14-carat gold, with gold prices rising to unprecedented levels, with the aim of providing alternatives to consumers in all governorates of the Republic, which is reflected in the volume of gold sales.
The Gold Division added that the demand for the precious metal is fluctuating in Egypt and is witnessing several changes, in light of the drop in prices from levels of 1250 to 1015 pounds, which made some decide to resell, in order to avoid exposure to losses.