Gold price drops on Wednesday ...Egypt

EGYPT INDEPENDENT - News
Gold price drops on Wednesday
The price of gold on Wednesday fell by LE2 per gram in conjunction with the rise in the price of the US dollar, after the Central Bank of Egypt rose the interest rate 200 basis points on Thursday.   Gold prices on Wednesday in Egypt: The 24-karat gold recorded LE1,406 per gram The 21-karat gold recorded LE1,210 per gram The 18-karat gold recorded LE1,060 per gram The 14-carat gold recorded LE700 per gram The price of the gold pound recorded LE9,840.   Gold Price Forecast Gold experts and jewelers expected that the price of gold will witness a noticeable rise after the rise in the price of the US dollar in the black market, while gold is now also witnessing a rise at the global level. On th

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