Gold prices increased in the local markets during trading today, Saturday, with the increase in ounces' price on the global stock exchange.
This came after US Federal Reserve's decision to raise interest rates by 25 basis points.
Saeed Imbaby, Executive Director of 'I-Sagha" platform. for gold and Jewelery online trading, said that gold prices witnessed an increased by EGP 30 in the local markets during today’s trading, as a gram of 21 karat gold recorded EGP 2660, while an ounce rose to $2040.
He added that a gram of 24 karat gold recorded EGP 3040, a gram of 18 karat gold recorded about EGP 2280, and a pound of gold recorded about EGP 21280.
Contributed by Nada Mustafa
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