Gold prices in Egypt today, Friday
Today, Friday, gold prices witnessed a limited decline in the goldsmiths market, to record 21 karat gold, which is the best seller in Egypt, 812 pounds, and in some trading sessions, it drops to 811 pounds, in light of a clear fluctuation in the global price, but gold records a lower level than what prices witnessed yesterday. Thursday.
Gold prices on the global stock exchange and Egypt recorded a clear fluctuation yesterday, after recording levels of 1870 dollars per ounce, the price fell again to 1860 levels, which caused a state of turmoil in gold prices today in Egypt.
Gold prices today in Egypt record 812 pounds per gram of 21 karat, which is the best seller in Egypt - with expectations of a change in the price of gold today in Egypt as well as in global stock exchanges, a few hours before the closing of the global market and the cessation of trading on gold.
Gold prices today:
Carat 18 recorded 696 pounds.
21 caliber record 812 pounds.
24 carat record 928 pounds.
The gold pound is 6496 pounds.
An ounce of gold is $1,860.
Gold trading in global stock exchanges Gold prices moved in a sideways course today, Friday, at their previous levels, with investors worried about the increasing risks of inflation on the one hand and the prospects of raising interest rates faster on the other hand. US gold futures increased 0.1 percent to $1,859.80.
And gold this week hit its highest level in more than five months, after rising consumer prices in the United States last month fueled fears that inflation will remain high at an alarming rate in 2022, and policymakers at the Federal Reserve (the US central bank) are looking at the possibility of raising interest rates at a faster pace. than they thought a few months ago, higher interest rates raise the cost of holding interest-free gold, and thus reduce demand for the precious metal.
As for other precious metals, silver increased in spot transactions 0.2 percent to $ 24.83 an ounce, but it is on its way to recording its first weekly decline in three weeks, and platinum rose 0.2 percent also to reach $ 1053.15 an ounce. Palladium rose 0.1 percent to $2,135.16 an ounce.
