gold prices in egypt december 2011
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gold prices in egypt december 2011
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CAIRO: Gold prices declined by 3 EGP (U.S. $0.50) on Tuesday, according to Salah Abdel Hadi, head of the gold and jewelry division in the Egyptian chamber of commerce.
The price for one gram of 21-carat gold declined to 286 EGP (U.S $47.59) from it was sold at 289 EGP (U.S $48.09); a gram of 18-carat gold declined to 245 EGP (U.S $40.77); and a gram of 24-carat gold declined to 326 EGP (U.S $54.27).
The price of the Egyptian gold pound is 2,290 EGP (U.S $381).
The decline in gold prices is a response to the global decline of prices in the international stock markets, as an ounce of gold reached U.S. $1,712, said Abdel Hadi.
Abdel Hadi said that the gold stores' owners are closing their shops as a precaution in case any clashes take place because of the elections
Gold Price in Egypt (EGP)Last update: Monday 19th December 2011 12:00 am According to the time zone of Cairo | |||
Note: Gold prices are updated every 6 hours | |||
| Gold Unit | Current Price Monday 19th December 2011 | Previous Price Sunday 18th December 2011 | Change Percent |
|---|---|---|---|
| Gold Ounce | 9,597.23 | 9,594.28 | 0.03 % |
| Gold Pound | 2,160.15 | 2,159.48 | |
| Gold Gram Karat 24 | 308.59 | 308.50 | |
| Gold Gram Karat 22 | 282.85 | 282.77 | |
| Gold Gram Karat 21 | 269.96 | 269.88 | |
| Gold Gram Karat 18 | 231.37 | 231.30 | |
| Gold Gram Karat 14 | 180.06 | 180.01 | |
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Today’s trends for commodity
GOLD (5 FEB.) TREND: CONSOLIDATE
RES 1: 28750
RES 2: 29000
SUPP 1: 28000
SUPP 2: 27700
STRATEGY: SELL ON HIGH
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