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Gold prices rise in Egyptian market, 21-karat now LE808

The 21-karat gold (the market’s highest selling gold) increased by LE11 per gram to LE808, from Friday’s price of LE797.
07.02.21 | Source: Egypt Independent

Gold prices in Egypt continued to rise this Saturday morning after the global price of gold rose on Friday at the conclusion of global stock market transactions over the past week.


 


These fluctuations were a result of the rise in the dollar’s exchange rate and its following decline after the US stimulus package.


Other US economic news led to the decline of the dollar exchange rate and the rise of gold globally.


The 21-karat gold (the market’s highest selling gold) increased by LE11 per gram to LE808, from Friday’s price of LE797.

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