Friday 03 September 2021
I wrote – Shaima Hefzy:
Gold prices in Egypt declined slightly, during trading today, Friday, compared to prices on Thursday.
Naguib, former Secretary of the Gold Division of the Cairo Chamber of Commerce, told Masrawy that the price of a gram of 21 carat gold recorded today 791 pounds, compared to 792 pounds yesterday, with a decrease of one pound per gram.
And the price of a gram of gold 18 karat to 678 pounds, and 24 karat to 904 pounds, and the value of gold in the pound was 6328 pounds.
Globally, gold prices rose today, Friday, supported by the weakness of the dollar, while investors awaited US jobs data to learn about the Federal Reserve’s plans to start reducing asset purchases.
And gold rose in spot transactions 0.2% to $ 1812.97 an ounce by 0641 GMT, and fell 0.2% for the week.
US gold futures also rose 0.2% to $ 1814.80.