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Gold Prices Increase, 21-Karat at 802

Started by forex4you, Feb 10, 2022, 05:04 pm

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Gold Prices Increase, 21-Karat at 802

Gold Surges as Chinese Return from National Holiday


Gold prices increased, Thursday, in local markets due to the rise in the ounce of gold price on the global stock exchange.


This came as inflation concerns and the -e crisis still dominate investors, pushing them towards safe havens.


Ehab Wassef, Head of the Precious Metals Division at the Federation of Egyptian Industries, said that gold prices continued to rise in the local and international markets during the trading.


He added that 21-carat recorded EGP 802, while the gold ounce price increased on the global stock exchange to record $1833.


Wassef also noted that 24-Karat recorded EGP 917, and 18 -Karat is at EGP 688, while the gold pound recorded EGP 6416.


Contributed by Nada Mustafa


Source: Gold Prices Increase, 21-Karat at 802
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