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Monday, June 24, 2013

"Descriptor": Gold prices fell two pounds due to the global declines

Said Ehab Wassef, a member of the General Division of gold in the General Union of Chambers of Commerce, the prices of gold locally worth two pounds, in the first trading week on Monday, bringing the price of a gram of 21-carat to 279 pounds, having been to 281 pounds during trading last week.

He attributed the "descriptors", in a statement to the "seventh day", the decline of gold to lower global stock worth 1.2% to the price of condoms to 1284 dollars, pointing out that the big drop in the markets, global gold was offset by the same percentage in the domestic market, to see a reduction low rates, because of the high exchange rate of the dollar against the pound.

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