On Thursday, November 24, 2022, the price of gold in Egypt reached its highest historical level, as the price of the 21-karat gold recorded LE1,373 per gram. At the beginning of trading, on Thursday, the 21-karat gold recorded LE1,365 per gram, rising by LE8 later. The price of gold in Egypt jumped as a result of a sharp increase in the demand for buying bullion, as a large number of traders are turning their balances to gold, Amr Saeed, an expert in the gold jewelery market, said. Gap in the price of gold In a statement to Al-Masry Al-Youm, Saeed described the current gold price as “exaggerated”, as there is a gap in the market between the real and the declared price. These high rates will
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