We publish the details of the latest developments in the price of gold in the Egyptian market, today, Saturday, March 27, 2021, which witnessed remarkable stability in today's trading at 764 pounds per gram of 21 carat gold, which is the most widespread in the governorates of the Republic.
Gold prices today:
Caliber 21 records 764 pounds.
Caliber 18 recorded 655 pounds.
Caliber 24 records 874 pounds.
The gold pound is 6112 pounds.
An ounce of gold is $ 1731.
In an interview with Standard & Poor's Global, Ed Moi, Valorum's chief investment strategist, said, “In the short term, there are clearly a lot of factors causing some push and pull that have kept gold trading within a very narrow range. My theory, I think that the fundamentals of the rise in gold prices are very strong during the next year, and I expect gold prices to eventually head to new records at some point in the next year or two. "
Moi predicted that after the price hike, investors are waiting to be sure how the economy will recover and that the recovery will be slow enough to manage inflation and gold prices will rise.
Comments
Post a Comment