Thursday 09 May
Gold prices witnessed a decrease on Wednesday, April 24, 2024, in Egypt, after recording an increase before noon in jewelry stores. The decline came after a period of fluctuations in gold prices witnessed by the markets in recent days.
However, gold remains one of the
precious metals that retains its value over the long term, and it remains a
safe haven for many investors. Therefore, the decline in gold prices on
Wednesday may serve as a good opportunity for people to buy and take advantage
of the lower prices.
Here are the gold prices on
Wednesday in Egypt:
24 karat: EGP 3542
21 karat: EGP 3100
18 karat: EGP 2657
14 karat: EGP 2066
King George V gold coin price on
Wednesday:
The price of a 21-karat gold
pound on Wednesday in jewelry stores was recorded at 24,800 Egyptian pounds.
This price is equivalent to raw gold, without workmanship, tax, or stamp, and
weighs 8 grams of 21-karat gold.
As for gold prices in dollars,
they are as follows:
24 karat: $74.77
21 karat: $65.43
18 karat: $56.08
And the prices of used gold on
Wednesday in Egypt are as follows:
24 karat: EGP 3520
21 karat: EGP 3080
18 karat: EGP 2640
14 karat: EGP 2053
These prices are subject to
change according to fluctuations in gold and currency markets.
