Gold price today in Egypt It recorded a slight decline in evening trading today, Wednesday, with a value ranging between 2 to 3 pounds, at a time when global gold prices are witnessing a drop to a level approaching less than 1,700 dollars per ounce, which is reflected in gold prices in Egypt.
Gold price in Egypt today
The price of a gram of 21 karat gold records 978 pounds
The price of a gram of 18 karat gold records 838 pounds per gram
The price of a gram of 24 karat gold records 1118 pounds
The price of the gold pound is 7824 pounds
The prices published in the context of this report are not added to the price of gold workmanship, which some companies have set to be 7% of the price of a gram, in addition to some fees for tax and stamp duty.
At the global level, it has decreased gold prices Wednesday, July 20, 2022, as fears of tighter monetary policy and an increase in the yield on Treasury bonds dispelled the relief caused by the dollar’s decline.
Two sources familiar with the matter told Archyde.com that European Central Bank policy makers are considering raising interest rates by 50 basis points more than expected at their meeting tomorrow, Thursday, to contain inflation rising to record levels. The yield on US 10-year Treasury bonds stabilized following two sessions of gains.
As for other precious metals, there was little change in silver in spot transactions, and it remained at $18.74 per ounce. Platinum settled at $874.61 an ounce. And palladium rose 0.5% to $ 1884.66 an ounce.
