The price of gold in Egypt rises by 20 pounds, and 21 karat reaches 3790 per gram

Price rose gold In Egypt today, Thursday, in evening trading, about 20 pounds, so that 21 karat gold, which is the best-selling gold in Egypt, now recorded 3,790 pounds, compared to 3,770 pounds, after the price of an ounce of gold rose to levels of 2,700 dollars.

Gold prices in Egypt today:

24 karat records 4331 pounds.
21 carat costs 3790 pounds.
18 caliber costs 3249 pounds.
The gold pound is 30,320 pounds.

Global gold price

Potential policies of the Trump administration will create significant inflationary pressures and may force US Federal Bank To cut interest rates at a slower pace, which represents somewhat negative news for gold, but the growing US budget deficit and reduced fiscal discipline will be positive for the precious metal.

Gold’s recovery is expected to continue in the medium to long term, supported by the policies of new President Donald Trump, as well as by central bank purchases.

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