Gold prices stabilized in the local markets during trading today, Wednesday.
This came in light of the confusion in prices on the global stock market, amid a state of lack of vision ahead of the US Federal Reserve’s decision on interest rates during the next meeting.
Saeed Imbaby, executive director of the “iSagha” platform for gold and jewelry online trading, said that gold prices witnessed a state of stability in the local markets during today’s trading, as a gram of 21 karat gold recorded EGP 2215 while an ounce recorded $1932.
He added that a gram of 24 karat gold recorded EGP 2532, a gram of 18 karat gold recorded about EGP 1899, a gram of 14 karat gold recorded about EGP 1477, and a pound of gold recorded about EGP 17720.
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