Today, Saturday, November 9, 2024, gold prices witnessed a noticeable decline, by about 45 pounds in the price of a gram.
Gold prices in Egypt today
The price of gold was recorded 24 karat gold was about 4,303 pounds, the price of 21 karat gold was about 3,765 pounds, and the price of 18 karat gold was about 3,227 pounds.
While the price of the gold pound recorded about 30 thousand and 120 pounds, and the price of an ounce globally recorded 2684 dollars.
One of the gold merchants in Kafr El-Sheikh said that the price of gold during the past few days witnessed a significant increase, but it decreased today by about 45 pounds per gram, indicating that the decrease in the price of gold came due to the lack of demand for it, and the supply is also small, and supply and demand are what control the price of gold.
One of the gold traders in Kafr El-Sheikh added that buying gold and saving it at the present time is much better than saving money, indicating that the decline in gold will become more apparent during the next two days, with the return of banks and the global stock market screen.
