The Fair Price of Gold is Not Reflected in Market Prices, Says Government Official

Advising caution when buying gold in the current period, Nagy Farag, Advisor to the Minister of Supply for the affairs of the gold industry, urged citizens not to purchase in large quantities, as gold prices in the markets are currently exaggerated and do not reflect the fair price. Farag explained that there is instability in … Read more

Will the price of gold go down?.. The Minister of Supply’s advisor answers

Written by Medhat Wahba Sunday, 02 April 2023 12:00 AM witness gold markets Currently, there is a fluctuation in prices and a significant rise in the price of the precious metal as a result of the desire of many citizens to buy gold as savings and a safe haven, and despite the decline in the … Read more

A record price for 21 karat.. The gold price today, Saturday, March 4, 2023 in Egypt

Gold prices recorded a sudden rise during the beginning of trading today, Saturday, March 4, after a series of declines that dominated the prices of the yellow metal during the last period. And the price of 21-carat gold, the most widespread, recorded about 1825 pounds for sale and 1800 pounds for purchase, and the price … Read more

Gold price today.. 21 carat decline and ounce rise again (conclusion of trading)

Today, Tuesday, the price of gold achieved gains of about $ 13 an ounce in the evening trading on the New York Stock Exchange for precious metals. And the price of gold rose inside the stock exchange, to surpass the barrier of $1830 an ounce, starting from the level of $1817 towards the upward trend. … Read more

A new decline.. Gold prices in Egypt today, Monday, February 27, 2023

Gold prices..Gold prices recorded during the beginning of trading today, Monday, February 27, 2023, a decline in the goldsmiths’ market in various governorates of Egypt, and the most widespread 21-carat gold price recorded about 1678 pounds for sale and 1673 pounds for purchase, and the price of 24-carat gold, the highest category, reached about 1917 … Read more

21 karat, a surprise now… a continuous decline in the price of gold today, Saturday, February 18, 2023

Today, Saturday, February 18, 2023, gold prices witnessed a decline in the goldsmiths’ market in various governorates in Egypt, and the most widespread 21-carat gold price recorded about 1685 pounds for sale and 1675 pounds for purchase, and the price of 24-carat gold, the highest category, reached about 1925 pounds for sale and 1914 pounds … Read more

Expectations of a rise in the price of gold in Egypt again.. 21 karat is a surprise

Naguib Club, a member of the Gold Division, expected a rise in gold prices today, Thursday, after the interaction of local trading in goldsmiths with the International Gold Exchange, bringing the average of 21 carat to 1730 pounds. Naguib confirmed, in exclusive statements to The Week, that 24 karat, the highest price in the market, … Read more

The end of the certificates and the yellow jump.. The price of gold in the Egyptian market is affected by the American decision

Prices jumped gold Thursday 2/2/2023 in the Egyptian goldsmith, with more than 35 pounds per gram, affected by the rise of the ounce by 36 dollars, since the issuance of a decision US Federal Yesterday, Wednesday, the 25% certificates were suspended in banks last January 31. And he increased gold price At the highest pace … Read more