2023-08-08 06:41:00
Islam Saeed wrote Tuesday, August 08, 2023 09:41 AM Stabilized Gold price in Egypt At 2150 pounds per gram of 21 carat, which is the best-selling in Egypt, amid very limited circulation in the gold market in Egypt, with an increase in the gold supply due to the permission to enter gold from abroad without customs.
Gold prices in Egypt today:
21 karat records 2150 pounds.
18 karat records 1842 pounds.
24 karat records 2460 pounds.
The gold pound is 17,200 pounds
Gold declined globally
Gold prices fell yesterday, at the start of the week, as the US dollar gained some strength in preparation for this week’s inflation report, but gold prices moved away from their lowest levels in three weeks following slowing job growth in the United States, which caused bond yields to decline from their recent highs.
Spot gold prices decreased at the beginning of the week’s trading by 0.3%, to trade at the time of writing the technical report for Gold Billion at the level of $1934 an ounce. This comes following gold prices rose last Friday by 0.4%, moving away from the lowest level recorded in 3 weeks at $1925 an ounce.
The decline in the number of new jobs in the United States during the month of July contributed to the rise in gold prices last Friday, to close the week’s trading above the level of $1940 an ounce, but today, prices return to a decline to trade in a critical area before the issuance of the inflation report next Thursday.
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