Thursday 23 April 2020
I wrote – Sherine Salah:
Gold prices jumped in the local market, as the gram increased 13 pounds in one go, during Thursday’s trading, compared to its levels yesterday, after the global prices continued to increase significantly since yesterday.
The Club Naguib, Secretary General of the Gold Division of the Cairo Chamber of Commerce, told Masrawy that the price of a gram of 21 carat gold rose today to 750 pounds compared to 737 pounds yesterday.
The price of a gram of 18 carat gold today is about 643 pounds, and the price of a gram of 24 carat is about 857 pounds, and the price of a pound of gold reached 6000 pounds.
According to Bloomberg data, global gold prices continued to rise during today’s trading in a volatile session, as the price of an ounce today rose by about $ 12.3, or 0.72%, compared to the end of trading yesterday.
The price of an ounce reached 1726 dollars at twelve and 20 minutes, at Cairo local time.
This comes after the price of an ounce rose during trading yesterday by about $ 28, or 1.65%, to reach the end of transactions to $ 1714.