The price of gold on foreign exchanges managed to cross the barrier of $2,000 an ounce, following the renewed investment panic among bank depositors once again.
Gold prices rose in Egypt as a result of the rise of the metal globally, so that a gram of 21 karat gold gained about 50 pounds, and a gold pound 400 pounds, according to Amir Rizk, a goldsmiths expert.
The high price of gold
The rise in the price of gold came after the statements of Jamie Dimon, CEO of JPMorgan Bank, during which he indicated that the pressures on the financial sector still exist in the wake of the collapse of two banks in the United States last month, stressing that this represents a threat that must be addressed through Reconsider the organizational process.
And the CEO of JPMorgan Bank continued that any crisis that harms Americans’ confidence in their banks harms all other banks, pointing out that the large banks on Wall Street benefit from this thanks to the flight of depositors to them.
The ounce rose at the time of writing the report to the $2025 level, after rising by 2% from the $1984 level from the opening.
Gold prices in Egypt
And gold prices were recorded against the background of the rise in the ounce globally, according to the statements of Amir Rizk, an expert in gold artifacts, to “The Week”, as follows:
24 karat gold price
The price of a gram of 24 carat gold increased by about 52 pounds, from 2445 pounds at the opening to 2502 pounds now.
21 karat gold price
The price of 21 carat gold has also increased by about 50 pounds, from 2140 pounds at the opening to 2190 pounds now.
18 karat gold price
The price of 18 carat gold increased by about 43 pounds per gram, from 1834 pounds at the opening to 1877 pounds now.
The price of the gold pound
The price of the gold pound rose 400 pounds from the morning price at 17120 pounds to 17520 pounds.
Also read..
The gold price in Kuwait today, Tuesday, April 4, 2023.. 18 karat, at 15.55 dinars
The gold price in the UAE today, Tuesday, April 4, 2023.. 24 karat, at 238 dirhams
The price of gold in Turkey today, Tuesday, April 4, 2023.. 22 karat, at 1144 pounds
The gold price in Saudi Arabia today, Tuesday, April 4, 2023.. 21 karat, at 213 riyals