Gold continues to stabilize and the 21 caliber is recording 645 pounds per gram
Sunday 10 June 2018
Written by Dina Khalid:
Gold prices in Egypt stabilized during Sunday’s trading at the same levels on Saturday.
Najib’s club secretary-general of the gold traders department of Cairo Chamber of Commerce, Lamasrawi, said that the price of one gram of gold 21 caliber settled at 645 pounds.
The price of one gram of gold 18-caliber to about 553 pounds, and the grams of 24 pounds to about 737 pounds, and pound pound gold 5160 pounds.
Najib attributed the stability of the prices of gold, to prove the world prices, as today is a public holiday for global exchanges.
Najib added that the demand for gold is low despite the approaching Eid al-Fitr, which is considered a season of weddings and events, due to the high cost of living.