Suddenly
the price of gold in the country has seen in the intraday rise in the
price per gram of gold from the overall stock exchange dealings in the
country, where the price of gold jumped per gram approximately ten
pounds per gram gold in all the shots of gold after the central bank
issued a decision to cut value the Egyptian pound against the US dollar to the amount of 8:95 after
skyrocketing in the dollar exchange rate on the black market.
The reason for Issuance of the Central Bank such a decision to cut the value of the pound is rising mad valuable recent times in the US dollar exchange rate against the pound on the black market in the country, and was earlier the Chamber of Commerce secretary may occur in the Cairo governorate Mr. Najib club for one of the media Egyptian official, that the reason for gold high in the country and the recent decline is a global central bank decisions.
Najib club has confirmed that the rise as a result of the case of the domestic market and rising valuable dollar and the decisions of the central bank to cut the pound against the Arab and foreign currencies in the market and banks' price, said Najib club that traders are going to deal with the parallel market any black market for hard currency.
Reload this day Wednesday, March 16:
Gold prices witnessed in the markets on Wednesday reduced by 2 pounds per gram went to all the bullets of gold.
Scored yesterday, gold rise in the price of one gram of gold after the central bank decided to cut the Egyptian pound's value against the US dollar and other currencies, and higher currency exchange in the official banks and the offices of the official exchange rate, and today registered a decline in the price of gold again caliber, which seemed afraid of it dealers gold and citizens of return volatility again in the gold market.
Said Ihab Wassef one of the members of the Gold Division of the Chamber of Commerce in Cairo governorate, the decline and rise, which passes by the gold for more than two days is the result of the recent decision, which was released by the central bank, a devaluation of the Egyptian pound against the dollar, and the return of higher US dollar exchange rate in front of the Egyptian pound on the black market again.
Reload this day Thursday, March 17:
Gold prices witnessed today in Egypt Thursday, March 17 drop in the price per gram of gold by 3 pounds per gram and the highest increase in the stock market transactions increased by 70% after wave, where gold is suffering in the last days of the event will fluctuate after the recent central bank decisions to equate the black market banks in the dollar exchange rate which affected the price of gold in the country.
A member of the Chamber of Commerce Association Gold Division Amir livelihood for one of the media this morning that the gold price affected by the decline in the US stock price in the global stock market at the close of trading yesterday, the price of gold to suffer from volatility due to the tendency of some traders and investors to trade in gold being fixed market in the recent period .
The reason for Issuance of the Central Bank such a decision to cut the value of the pound is rising mad valuable recent times in the US dollar exchange rate against the pound on the black market in the country, and was earlier the Chamber of Commerce secretary may occur in the Cairo governorate Mr. Najib club for one of the media Egyptian official, that the reason for gold high in the country and the recent decline is a global central bank decisions.
Najib club has confirmed that the rise as a result of the case of the domestic market and rising valuable dollar and the decisions of the central bank to cut the pound against the Arab and foreign currencies in the market and banks' price, said Najib club that traders are going to deal with the parallel market any black market for hard currency.
Reload this day Wednesday, March 16:
Gold prices witnessed in the markets on Wednesday reduced by 2 pounds per gram went to all the bullets of gold.
Scored yesterday, gold rise in the price of one gram of gold after the central bank decided to cut the Egyptian pound's value against the US dollar and other currencies, and higher currency exchange in the official banks and the offices of the official exchange rate, and today registered a decline in the price of gold again caliber, which seemed afraid of it dealers gold and citizens of return volatility again in the gold market.
Said Ihab Wassef one of the members of the Gold Division of the Chamber of Commerce in Cairo governorate, the decline and rise, which passes by the gold for more than two days is the result of the recent decision, which was released by the central bank, a devaluation of the Egyptian pound against the dollar, and the return of higher US dollar exchange rate in front of the Egyptian pound on the black market again.
Reload this day Thursday, March 17:
Gold prices witnessed today in Egypt Thursday, March 17 drop in the price per gram of gold by 3 pounds per gram and the highest increase in the stock market transactions increased by 70% after wave, where gold is suffering in the last days of the event will fluctuate after the recent central bank decisions to equate the black market banks in the dollar exchange rate which affected the price of gold in the country.
A member of the Chamber of Commerce Association Gold Division Amir livelihood for one of the media this morning that the gold price affected by the decline in the US stock price in the global stock market at the close of trading yesterday, the price of gold to suffer from volatility due to the tendency of some traders and investors to trade in gold being fixed market in the recent period .
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