Gold prices rose in local markets during daily trading, despite the decline of an ounce on the global stock exchange to the level of 1670 dollars, due to the rise in the dollar, and the yields of US Treasury bonds, amid expectations that the US Federal Reserve will continue to raise interest rates during the coming period, and the markets are also awaiting US inflation data to be released Next Thursday, which may give an indication regarding the monetary policy of the US Federal Reserve in the upcoming November meeting.
And he said Eng. Said Imbabiplatform executive directorany jewelersFor online gold and jewelry trading, “gold prices rose in the local markets by 30 pounds during the past two days, bringing the price of a gram of 21 karat gold to the level of 1130 pounds, despite the decline of the ounce by more than 50 dollars, to reach the level of 1664 dollars,” which confirms That the price movement of gold is subject to manipulation and exaggeration and according to personal whims.
Gold prices today in the Egyptian markets
He added, that a gram of 24 karat gold recorded during today’s transactions a level of 1274 pounds, a gram of 21 karat gold recorded 1115 pounds, a gram of 18 karat gold recorded 956 pounds, a gram of 14 karat gold recorded 744 pounds, and the gold pound recorded 8920 pounds.
Gold prices in trading yesterday, Tuesday
Gold prices rose by 12 pounds during yesterday’s trading, as a gram of 21 karat gold opened trading at the level of 1100 pounds, and touched the level of 1130 pounds, and concluded transactions at the level of 1112 pounds, and the ounce opened trading at the level of 1665 dollars, and transactions were concluded at the 1666 dollars.
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