Gold prices witnessed today in Egypt, Monday, June 13, 2022, a decline of regarding 4 pounds, in conjunction with the decline in the price of an ounce of the yellow metal on the global stock exchange, which was recorded at 1871 dollars at the end of last week, to fall to 1850 dollars in today’s trading.
Gold prices today:
Carat 18 records 858 pounds.
21 karat records 999 pounds.
24 karat records 1145 pounds.
The gold pound is 7929 pounds.
An ounce of gold is $1,850.
The Metals Division of the Federation of Industries said that the global gold markets are now awaiting the announcement of US interest rates during the coming hours, specifically at eight o’clock Cairo time, which has a significant impact on gold trading and the volume of demand for the yellow metal, which of course affects the movement of gold in the market. Egyptian.
She pointed out that the drop in gold prices in Egypt under 1000 pounds per gram for the second time since March 21, 2022 is an indication of the decline in speculation on the dollar, and the same is related to supply and demand factors during the past week.