Gold prices in Egypt today, Sunday 7-18-2021

Gold prices in Egypt stabilized today, Sunday, at the same closing levels as last week, in conjunction with the weekly holiday for the goldsmiths market, and trading on gold stopped globally and locally, and 21 karat gold, which is the best-selling in Egypt, recorded 792 pounds per gram, and an ounce of gold recorded 1812 dollars.

The price of 18 karat gold recorded 678 pounds per gram, and 24 karat recorded 905 pounds per gram, and 21 karat gold amounted to 792 pounds, and the gold pound was 6336 pounds.

This week, the gold market went through many changes, for the precious metal to lose the top of its rise in about a month, after the dollar witnessed many changes to drop the precious metal globally to levels close to 1810 dollars per ounce. An economic report influenced gold trends.

On Monday, July 12, we saw the US 10-year bond auction and Tuesday, July 13, the announcement of the German CPI (monthly) (June), the Financial Stability Report of the Bank of England, the US CPI and the US 30-year bond auction.

Wednesday, July 14, we were up to date with the Bank of New Zealand interest rate decision, the British annual core CPI, the American producer price index, the minutes of the monetary policy committee meeting of the Bank of Canada, the statement of the interest rate decision by the Bank of Canada and the American crude oil stockpile

On Thursday, July 15th, the market witnessed the announcement of the Australian unemployment rate, the change in employment, the Chinese GDP (annualized) (Q2), the unemployment rate, the change in British employment, the Philadelphia manufacturing index (July), and the US jobless claims

US Industrial Production, Fed Chair Powell’s Testimony and New Zealand CPI

On Friday, July 16th, the market concluded with a noticeable decline to bring gold down from its rise in almost a month with the rise of the dollar and the announcement of the monetary policy report issued by the Bank of Japan and the core consumer price index for the Eurozone, US Retail Sales (MoM).

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Raising concern.. Gold prices in Egypt and globally this morning, Sunday, July 18, 2021

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Despite the stability of gold prices in Egypt, this morning, Sunday, July 18, 2021, at the low prices that they achieved on Friday evening, in response to the decline in the price of gold globally, at that time, it raises concern among investors due to market uncertainty, especially with the spread of the mutated Corona virus. “Delta” in a number of countries and its tendency to close, at a time when the American economic data came reassuring, and experts confirm that whoever buys gold for investment has to wait a bit until visions become clear and the market direction is determined during the next few period.

And the Gold Division in Egypt announced this morning that the price of 24-carat gold is 904 pounds, and the price of 21-carat gold is the most prevalent in Egypt, 792 pounds, and 18-carat gold is at 676 pounds, and the gold pound is at 6336 pounds.

The price of gold stabilized on the global stock exchange this morning, due to the cessation of trading on gold for the second day, to close the global stock exchanges and markets for the weekend on Saturday and Sunday, after it achieved a remarkable decline just before the closure.

Gold prices were affected globally, recently by the US government data, which was announced on Friday evening, which showed an increase in the retail sales index, with its core value, by 1.3%, in the month of June, while analysts had expected a rise of 0.4%, which caused gold to drop in spot transactions by 1.5%. 0.8%, and gold futures fell by 0.9%, and in contrast, the dollar index rose by 0.1%, as they have an inverse relationship, but the move was our start due to fears of the spread of the mutated Corona virus “Delta”.

And the price of 21 karat gold, the most prevalent in Egypt, in the financial markets, this morning, Sunday, was 800.74 pounds, while the “ounce” recorded, 1,812.36 dollars, which are the closing prices on Friday evening.

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“High and awaiting the return of the stock market” .. the price of gold in Egypt and globally this morning, Sunday, July 11, 2021

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Gold prices in Egypt continued, this morning, Sunday, July 11, 2021, to stabilize at the high prices that were achieved on Friday, as a result of the stability of the gold price globally, to stop trading after the closure of global stock exchanges and markets for the weekend, on Saturday and Sunday.

And the Gold Division in Egypt announced that the price of 24-carat gold, in goldsmiths without workmanship, this Sunday morning, is 897 pounds, and the price of 21-carat gold is the most prevalent in Egypt, 786 pounds, and 18-carat gold is at 674 pounds, and the gold pound is at 6280 pounds.

Global gold prices are awaiting the return of the stock market and global markets to work tomorrow, Monday morning, to determine the fate of the yellow metal, and the price of gold before closing for the weekend has achieved a remarkable rise due to the announcement of the Federal Reserve, Friday, the existence of a shortage in materials and suffocation of supply chains for a number of industries, as well as difficulties in employment. This hinders the newly recovered economic progress from the Corona virus, which sparked fear in the hearts of investors, so they turned to buying gold as a safe haven, and gold futures contracts ended the week’s trading, with an increase of 0.6%, to achieve gains for the third week in a row by 1.5%, and the price of spot gold delivery also increased by 0.4%.

And the price of 21 karat gold, the most prevalent in Egypt, in the financial markets, this Sunday morning, recorded 798.31 pounds, while the ounce recorded 1,808.53 dollars.

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“A big and sudden rise” .. gold prices in Egypt and globally in the middle of trading Tuesday, July 6, 2021

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“Because of Corona’s mutations” .. a rise in gold prices in Egypt and globally this morning, Tuesday, July 6, 2021

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Gold prices in Egypt witnessed, this morning, Tuesday, July 6, 2021, a slight rise in response to the rise in the price of gold globally with the beginning of trading, and the Gold Division in Egypt announced that the price of 24-carat gold, in goldsmiths without workmanship, this morning, Tuesday, 894 pounds, And the price of 21-carat gold, the most prevalent in Egypt, is 781 pounds, 18-carat gold is at 670 pounds, and the gold pound is at 6260 pounds, and experts expect a new rise in gold locally throughout the day in response to the global rise.

And gold prices globally achieved a significant increase in the beginning of trading, achieving an increase of 1.3%, an increase of $ 22 an ounce, to breach the barrier of 1800 dollars, which it missed for some time, to reach its highest level in 3 weeks, and gold opened trading at 17787.5 dollars an ounce, while it reached It is trading at $1,806 an ounce.

The rise in gold prices is due to the increasing fears about the mutants of the Corona virus, which is sweeping many countries, in addition to conflicting data regarding the feasibility of vaccines with the new mutated corona.

And the price of 21 karat gold, the most prevalent in Egypt, in the financial markets, this morning, Tuesday, 796.05 pounds, while the ounce recorded 1,805.82 dollars.

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“Keep rising” .. the price of gold in Egypt and globally in the middle of trading today, Friday, July 2, 2021

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Gold prices fell today 3 pounds.. and 21 karat records 772 pounds without workmanship

Gold prices fell today, Wednesday, in Egypt, by 3 pounds, to record 21 karat gold, which is the best seller in Egypt, 772 pounds per gram without workmanship, while an ounce of gold recorded clear fluctuation and continuous movement in the global stock market.

Gold prices today:

Caliber 18: 661.70 pounds.

Caliber 21: 772 pounds.

Caliber 24: 882.25 pounds.

The gold pound: 6176 pounds.

An ounce of gold is $1,755.

Precious metals markets were subjected to a clear shock on Tuesday, with the announcement of positive data on the growth of the US economy, which was reflected in gold prices on global stock exchanges, which recorded a noticeable decline to close to levels of $1750 per ounce, and the markets are awaiting today, Wednesday, June 30, 2021, the announcement of some economic data that is expected. To affect the international prices of gold, and then the prices in the Egyptian market.

Mamdouh Abdullah, an expert in precious metals markets, says that the gold markets are awaiting the data of the Chinese manufacturing PMI and the Chinese non-manufacturing PMI, indicating that if these data are positive, the market is subject to further decline.

Abdullah added, in exclusive statements for the seventh day, that today, Wednesday, it is also scheduled to announce the final reading of the British gross domestic product (quarterly), as well as the change in employment in the private sector in the United States, which is the most important data we are waiting for this week, which will have clear repercussions. on gold prices globally and locally.

He pointed out that among the economic events are also the announcement of the Canadian gross domestic product (monthly), the purchasing managers’ index in the state of Chicago, the pending home sales in the United States, and US crude oil stocks, pointing out that today is the most important this week, and the markets will witness a great movement.

He explained that the jobs report in America alone has significant effects on the movement of gold, so all traders are waiting for this data to make buying or selling decisions, noting that the price in Egypt is of course subject to change with these events and reports.

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The lowest in 11 weeks due to a sudden drop.. the price of gold in Egypt and globally on the evening of June 29, 2021

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The price of gold witnessed, this evening, Tuesday, June 29, 2021, a sudden decline to reach its lowest level in 11 weeks, affected by the rise of the dollar, due to fears of the Federal Reserve’s tendency to tighten monetary policy and raise interest rates before the time specified before.

The yellow metal suffers from a state of instability and swings between ups and downs as traders await the new US economic data, especially the monthly jobs report.

The price of gold in Egypt has witnessed, since the morning, a successive decline, followed by a slight increase, but it is still lower than the prices achieved in the morning, and gold in Egypt is affected by international prices in light of the weak demand for it locally.

And the Gold Division in Egypt announced that the price of 24-carat gold, in goldsmiths without workmanship, this evening, Tuesday, amounted to 884 pounds, and the 21-carat most prevalent in Egypt, 774 pounds, and 18-carats 664.5 pounds, and the gold pound at 6190 pounds.

And the global price of gold witnessed, this evening, a significant decline, reaching $30 an ounce, achieving its lowest level since mid-April, due to the rise in the dollar index, which reached its highest level in two months.

Gold futures fell during the Asian session, as well as spot gold, by 1.4%, while the dollar index rose by 0.3%, with the stability of the return on US bonds, and gold is affected globally by the dollar index and the bond yield, as it has an inverse relationship with them. In light of the dollar’s strength and positive US economic data, which enhances the demand for the dollar and weakens the demand for the yellow metal, which has lost its luster in front of traders.

And the price of 21 karat gold, the most prevalent in Egypt, in the financial markets, on Tuesday evening, was 776.79 pounds, and in the morning it was 782.89 pounds, while the “ounce” recorded 1,761.79 dollars, and in the morning it was 1,773.74 dollars.

“Al-Masry Al-Youm” publishes gold prices on Tuesday evening, June 29, 2021, in goldsmiths’ shops in Egypt, without workmanship.

Unit The price of gold in Egyptian pounds
24 . caliber 883 to 886
22 . caliber 810 to 813
21 . caliber 773 to 775
18 . caliber 663 to 665
14 caliber 515 to 517
12 . caliber 442 to 443
ounce 27,475 to 27,546
gold pound 6,148 to 6,200
kilo 883,429 to 889,714

Average gold prices in the financial markets in Egypt and globally, Tuesday evening, June 29, 2021

M Unit Egyptian Pound American dollar
1 24 karat gold price 887.76 EGP 56.64 $
2 22 karat gold price 813.78 EGP 51.92 $
3 21 karat gold price 776.79 EGP 49.56 $
4 18 karat gold price 665.82 EGP 42.48 $
5 14 karat gold price 517.86 EGP 33.04 $
6 12 karat gold price 443.88 EGP 28.32 $
7 10 karat gold price 369.90 EGP 23.60 $
8 The price of the gold pound (weight 8 grams, 21 karat) 6,214.34 EGP 396.50 $
9 24 karat gold price per ounce 27,612.53 EGP 1,761.79 $
10 The price of the gold ingot (weight 100 grams, 24 karat) 88,776.35 EGP 5,664.29 $
11 24 karat gold price per kilo 887,763.54 EGP 56,642.86 $

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10 pounds, an increase in gold prices within a week, and 21 karat records 775 pounds per gram

Gold prices in Egypt recorded during this week’s trading, which begins on Monday and ends on Friday, according to the trading dates for gold globally, an increase of 10 pounds, as the price of a gram of 21 karat gold, which is the best-selling in Egypt, jumped from 765 pounds, which is the opening price of trading at the beginning of the week to 775 pounds, which is the price now registered in the market

And we witnessed an average week in terms of trading on gold globally, despite the major economic events, but gold prices moved in a semi-fixed price channel between 1770 and 1785 dollars per ounce throughout the week’s trading.

This week, we witnessed a number of economic events and developments, including the announcement of Australian retail sales, the speech of Christine Lagarde, President of the European Central Bank, the testimony of Jerome Powell, Chairman of the Federal Reserve before Congress, and the minutes of the Monetary Policy Committee meeting of the Bank of Japan.

This week we were also exposed to the speech of the Assistant Governor of the Reserve Bank of Australia, German Manufacturing and Services PMIs, Eurozone Manufacturing and Services PMIs, UK Manufacturing and Services PMIs, Canadian Retail Sales, US Manufacturing and Services PMIs, US Crude Oil Inventories.

Thursday, June 24th saw the German Business Climate announcement from the Ifo Institute, the monetary policy summary, the Bank of England interest rate decision, the final US GDP reading and US weekly unemployment benefits.

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“Stability when rising” .. gold prices in Egypt and globally this morning, Sunday, June 27, 2021

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The price of gold in Egypt stabilized, this morning, Sunday, June 27, 2021, at the high prices that it achieved on Saturday evening, and gold in Egypt is witnessing a state of instability throughout the day, affected by the fluctuation of prices globally, which witnessed losses last week not seen in 11 months.

And the Gold Division in Egypt announced that the price of 24-carat gold, in goldsmiths without workmanship, this Sunday morning, is 889 pounds, and 21-carat is the most prevalent in Egypt, 777 pounds, and 18-carat is 666 pounds, and the gold pound is 6215 pounds.

While the price of gold globally, this morning, remains stable at the high prices that it achieved before closing the stock exchanges on Friday evening, for the weekend on Saturday and Sunday, after a busy day of instability.

And the price of 21 karat gold, the most prevalent in Egypt, in the financial markets, on Sunday morning, recorded 785.29 pounds, while the ounce recorded 1,781.29 dollars.

“Al-Masry Al-Youm” publishes gold prices this morning, Sunday, June 27, 2021, in goldsmiths’ shops in Egypt, without workmanship.

Unit The price of gold in Egyptian pounds
24 . caliber 887 to 889
22 . caliber 813 to 815
21 . caliber 776 to 778
18 . caliber 665 to 667
14 caliber 517 to 519
12 . caliber 443 to 445
ounce 27,581 to 27,652
gold pound 6,208 to 6,224
kilo 886,857 to 889,143

Average gold prices in the financial markets in Egypt and globally, this Sunday morning, June 2021

M Unit Egyptian Pound American dollar
1 24 karat gold price 897.47 EGP 57.27 $
2 22 karat gold price 822.68 EGP 52.50 $
3 21 karat gold price 785.29 EGP 50.11 $
4 18 karat gold price 673.10 EGP 42.95 $
5 14 karat gold price 523.52 EGP 33.41 $
6 12 karat gold price 448.73 EGP 28.63 $
7 10 karat gold price 373.95 EGP 23.86 $
8 The price of the gold pound (weight 8 grams, 21 karat) 6,282.29 EGP 400.89 $
9 24 karat gold price per ounce 27,914.42 EGP 1،781.29 $
10 The price of the gold ingot (weight 100 grams, 24 karat) 89,746.93 EGP 5،726.98 $
11 24 karat gold price per kilo 897,469.31 EGP 57،269.80 $

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“Confused” .. the price of gold in Egypt and globally this morning, Thursday, June 24, 2021

Stability on the rise .. the price of gold in Egypt and globally this morning, Wednesday, June 23, 2021

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Slight decline.. gold prices in Egypt and globally this evening, Friday, June 25, 2021

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The price of gold in Egypt witnessed, this evening, Friday, June 25, 2021, a slight decline from the prices achieved in the morning, and gold suffers from fluctuation throughout the dayaffected by global price fluctuations, amid a state of anticipation from citizens and traders.

And the Gold Division in Egypt announced that the price of 24-carat gold, in goldsmiths without workmanship, Friday evening, is 884.5 pounds, and the 21-carat is the most prevalent in Egypt, 773.5 pounds, and 18-carat is 663 pounds, and the gold pound is at 6190 pounds.

While the price of gold globally witnessed a noticeable decline after the rise it achieved during today’s trading, as gold futures contracts fell in the New York session by 0.03%.

And the price of 21 karat gold, the most prevalent in Egypt, in the financial markets, this evening, Friday, was 783.81 poundsAn ounce recorded $1,777.68.

“Al-Masry Al-Youm” publishes gold prices this evening, Friday, June 25, 2021, in goldsmiths’ shops in Egypt, without workmanship:

Unit The price of gold in Egyptian pounds
24 . caliber 882 to 885
22 . caliber 809 to 811
21 . caliber 772 to 774
18 . caliber 662 to 663
14 caliber 515 to 516
12 . caliber 441 to 442
ounce 27,439 to 27,510
gold pound 6.176 to 6.192
kilo 882.268 to 884.571

The average price of gold in the financial markets in Egypt and globally, this evening, Friday, June 25, 2021

M Unit Egyptian Pound American dollar
1 24 karat gold price 895.78 EGP 57.15 $
2 22 karat gold price 821.13 EGP 52.39 $
3 21 karat gold price 783.81 EGP 50.01 $
4 18 karat gold price 671.84 EGP 42.87 $
5 14 karat gold price 522.54 EGP 33.34 $
6 12 karat gold price 447.89 EGP 28.58 $
7 10 karat gold price EGP 373.24 23.81 $
8 The price of the gold pound (weight 8 grams, 21 karat) 6,270.48 EGP 400.08 $
9 24 karat gold price per ounce 27,861.97 EGP 1,777.68 $
10 The price of the gold ingot (weight 100 grams, 24 karat) 89,578.33 EGP 5,715.38 $
11 24 karat gold price per kilo 895,783.25 EGP 57,153.82 $

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“Confused” .. the price of gold in Egypt and globally this morning, Thursday, June 24, 2021

Stability on the rise.. the price of gold in Egypt and globally this morning, Wednesday, June 23, 2021

A slight rise.. the price of gold in Egypt and globally this morning, Monday, June 21, 2021

“Waiting for the return of the stock exchange” .. the price of gold in Egypt and globally on Sunday morning, June 20, 2021

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Gold prices in Egypt today, Sunday 20-6-2021

Today, Sunday, June 20, 2021, gold prices in Egypt recorded remarkable stability, coinciding with the weekly holiday for the goldsmiths market in Egypt and the suspension of trading on gold globally.

Gold prices today:

21 karat gold price 765 pounds.

18 caliber record price 655.75 pounds.

24 karat gold price 874.25 pounds.

The gold pound is 6120 pounds.

An ounce of gold is $1,764.

Naguib Club, a member of the Gold Division, expects that gold sales in Egypt will witness a movement during the next few days, due to the large drop in gold in Egypt by approximately 45 pounds within days, indicating that the consumer is waiting for the landing times to go to buy, and this is a good and appropriate time to buy.

He pointed out, in exclusive statements, that no one guarantees the continued decline in the price of gold in global stock exchanges, so those who seek to buy can take advantage of this timing, because prices may rebound to the rise again, and this is normal and likely to happen during the next few days.

Globally, during this week, we are awaiting a number of events that will affect the gold price movement, including Australian Retail Sales, ECB President Christine Lagarde’s speech, and FOMC member Williams’ speech.

Tomorrow, Tuesday, June 22, we await the testimony of Federal Reserve Chairman Jerome Powell before Congress and the minutes of the Monetary Policy Committee meeting of the Bank of Japan, and on Wednesday we await the speech of Assistant Governor Ellis of the Reserve Bank of Australia, the German manufacturing and services PMI, the eurozone manufacturing and services PMI and the UK Manufacturing and Services PMI, Canadian Retail Sales and US Manufacturing and Services PMI.

Economic events and reports have a direct and significant impact on the price of gold, so we are waiting for a hot and ever-changing week, and we may witness major developments on the level of gold prices.

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