Egypt: Gold Trading Declining

Sudan Events – Nahid Oshi 

Gold trading in Egyptian goldsmiths witnessed a noticeable decline today, as the price of a pound weighing 8 grams of 24 carat recorded a move to start from about 26,080 pounds for sale instead of 26,640 pounds for purchase yesterday, a difference of about 600 pounds.

The price of a gram of 18 carat dropped to start at 2,794 pounds, for sale instead of 2,829 pounds.

While 24 carat recorded about 3,760 pounds.

The price of one gram of 21 carat was about 3,290 pounds for purchase.

The price of one gram of 18 carat reached 2,820 pounds.

The price of one gram of 14 carat for purchase was 2,193 pounds