Today, gold prices in Egypt rose for the second time, and the value of the increase in gold prices amounted to regarding 25 pounds due to the rise in the price of the dollar.
Gold prices today:
Carat 18 recorded 926 pounds.
21 caliber record 1080 pounds.
24 carat record 1234 pounds.
The gold pound is 8640 pounds.
The global price of gold today, Wednesday, April 20, to its lowest level in regarding two weeks, affected by the continued rise in US bond yields and the dollar, and by 07:41 GMT, gold fell in spot transactions 0.4% to $ 1941.40 an ounce, and US gold futures fell 0.7% to 1944.80 dollars, then gold rose to the level of 1954 dollars
The price of gold fell on Tuesday by 1.8%, as the impact of the rise in US 10-year Treasury bond yields and the dollar, which reduces demand for the precious metal, outweighed the demand to buy it as a safe haven for value, and the dollar stabilized close to its recent gains, which made dollar-denominated gold less attractive to holders other currencies.
China kept lending rates unexpectedly stable on Wednesday, and markets viewed the move as a sign of caution as the economy slows due to COVID-19 restrictions.