Dealers in Egypt are anticipating developments as investor trends lean towards safe havens, with the daily momentum indicator pointing to neutrality in its reading and no clear direction dominating.
Gold Prices Today
- 24 karat gold price: 7663 pounds
- – 21 karat gold price: 6705 pounds
- – 18 karat gold price: 5747 pounds
- – Gold pound coin: 53640 pounds
Gold, traditionally seen as a non-yield-bearing asset, is viewed as a hedge against economic uncertainty and inflation.
Gold prices in Egypt change continuously throughout the day, fluctuating within a range of 15 to 20 pounds up and down, due to rapid developments in the global gold exchange and supply and demand factors.
Egypt
Egypt is a country in northeastern Africa with a rich history centered on the ancient civilization that flourished along the Nile River, known for its monumental architecture like the Pyramids of Giza and the Sphinx. This civilization, one of the world’s earliest, dates back over 5,000 years and was followed by periods of rule by the Greeks, Romans, Arabs, and Ottomans before becoming a modern republic. Today, Egypt’s cultural heritage, from its pharaonic temples to Islamic Cairo, remains a central part of its national identity.
