“It will deliver 900 pounds” .. The Gold Division explodes a surprise about when its prices will rise

Nadi Najib, Secretary General of the Gold Division of the Federation of Chambers of Commerce, said that the price of gold cannot be fixed because it is a global commodity and is directly affected by any international events, as it is affected by the price of oil and the state of peace and war.

Naguib added, in a telephone interview to the “Al-Masry Effendi” program broadcast on the “Al-Mehwar” channel, that the current time is the most appropriate time to buy gold.

He explained that investors abroad, when a gram of gold reaches 788 pounds, put up large quantities for sale, which results in a decrease in the price of gold to 775 pounds.

He pointed out that gold prices are expected to rise in the future, bringing the price of a gram of gold to 900 pounds by the end of this year.

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