witness Gold price in Egypt A continuous decline exceeding 100 pounds, with a gram of 21 carat gold, which is the most traded in Egypt, recording levels of 1750 pounds per gram in the market now, amid expectations of a further drop in the price of a gram of gold in the past hours.
Gold prices today:
18 karat, a record of 1,500 pounds.
21 caliber, record 1750 pounds.
And 24 karat recorded 2000 pounds.
And the gold pound is 14,000 pounds.
World gold prices
Gold futures contracts rose at the close of trading on Friday, December 16th, trimming the losses recorded throughout the past week.%.
Rob Haworth, chief investment strategist at U.S. Bank Wealth Managementthat “precious metal prices rebounded in the middle of the week, on the back of weak inflation data, and hopes that the Federal Reserve will stop raising interest rates soon.”“.
He added, “The hawkish announcement from the Fed late Wednesday, December 14th put heavy pressure on gold prices“.expected Commerzbank Gold declines to regarding $1,750 an ounce until it becomes clear that the cycle of raising US interest rates has ended, while prices rise to $1,850 by the end of 2023..
