الرئيسية / اقتصاد / Gold prices stable Sunday

Gold prices stable Sunday

فريق رجال الأعمال اقتصاد 13 April 2025 02:27 PM
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Gold prices stable Sunday

Gold markets in Egypt experienced a clear state of stability today, Sunda, in both local and global prices. This follows a slight decrease in the price of the yellow metal yesterday, Saturday, where the price of 21-karat gold, the most actively traded in the local market, fell by approximately 20 Egyptian pounds per gram, as announced by the Egyptian Gold Division during their mid-day trading update yesterday.

This stability reinforces the anticipation within the market, particularly after a series of sharp price increases in recent weeks.

Gold prices today, Sunday:

According to the latest updates from the Gold Division of the Chamber of Commerce:

Global gold ounce: $3237.

24-karat gold: 5348 EGP/gram

21-karat gold: 4680 EGP/gram

With the inclusion of craftsmanship fees, the price reached 4780 EGP/gram

18-karat gold: 4011 EGP/gram

Gold Pound: 37440 EGP

Global gold: Stability following a record increase

Globally, gold prices stabilized at $3237 per ounce, a relatively high level but slightly below the recent peak reached after a period of significant increases.

Analysts suggest that this relative stability in global markets is attributed to a minor decrease in investment demand for the yellow metal, particularly following recent statements from several major central banks indicating the potential for maintaining higher interest rates for a longer-than-anticipated duration.