Friday 02 July 2021
I wrote – Shaima Hefzy:
Gold prices returned to decline in Egypt, during trading today, Friday, after the price of a gram jumped 5 pounds during yesterday’s trading.
The price of a gram of 21 karat gold today decreased by EGP, compared to yesterday’s prices.
Naguib Club, former Secretary of the Gold Division of the Cairo Chamber of Commerce, told “Masrawy” that the price of a gram of 21 carat gold was recorded today at 777 pounds, compared to 778 pounds yesterday.
A gram of 18 karat gold scored about 666 pounds, 24 karat about 888 pounds, and a gold pound was 6,216 pounds.
Globally, gold rose on Friday, as its attractiveness was boosted by concerns surrounding the spread of the “delta” strain of the Corona virus, while investors awaited the US non-farm payroll data as it may influence the timing of the Fed’s policy shift.
And gold rose in spot transactions 0.1% to $ 1778.52 an ounce by 05:35 GMT.
Corona.. moment by moment