Gold prices increased in the local market during today's trading,
Engineer Saeed Embabi, Executive Director of the “iSagha” platform, said that gold prices in the local markets rose by about 40 pounds during today’s trading, as the price of a gram of 21 karat gold recorded 3,690 pounds, while an ounce on the global stock market rose by about 4 dollars, to record 2,651 dollars.Embabi added that a gram of 24 karat gold recorded 4,217 pounds, a gram of 18 karat gold recorded 3,163 pounds, and a gold pound recorded about 29,520 pounds.
In a related context, Egyptian purchases of bullion during 5 years amounted to about 128 tons.