Gold prices declined in the local markets during trading today, Monday, despite the stability witnessed by ounces' price on the global stock exchange, amid rise in US dollar price.
Saeed Imbaby, executive director of the “i Sagha” platform for online trading of gold and jewelry said that gold prices witnessed a decline by EGP 30 in the local markets during today’s trading, as a gram of 21 karat gold recorded EGP 2235, while an ounce declined to $1914.
He added that a gram of 24 karat gold recorded EGP 2554, a gram of 18 karat gold recorded about EGP 1916, and a pound of gold recorded about EGP 17880.
Contributed by Nada Mustafa
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