witnessed gold prices Globally, a noticeable rise to levels of $1,763 per ounce, compared to levels of $1,735 yesterday, despite raising the interest rate in the United States of America to 2.5% at the Federal Reserve’s meeting last Wednesday night, which decided raise interest 75 basis points, and the Federal Reserve Chairman’s statement that the bank has slowed its rate hike has caused a high demand for gold.
Gold prices today in Egypt recorded a remarkable increase of 6 pounds, as the price of a gram of 21 karat gold – which is the best-selling in Egypt – rose from 994 pounds per gram to 1000 pounds in circulation.
Gold price in Egypt today
The price of a gram of 21 karat gold records 1000 pounds
The price of a gram of 18 karat gold records 857 pounds per gram
The price of a gram of 24 karat gold records 1143 pounds
The price of the gold pound is 8000 pounds
Gold prices in Egypt are related to the course of things in global stock exchanges, and may move in a fixed price channel this week, with a minimum of 970 pounds per gram of 21 karat and a maximum of 1010 pounds, because the market is now in anticipation of the course of things on the global stock exchange, and these expectations may change with The factors of supply and demand in the Egyptian market, as well as the movement of the price of the dollar in Egypt, because the dollar is a major factor in the movement of gold in Egypt.
