01:12 PM
Thursday, December 15, 2022
I wrote – Sherine Salah:
The price of gold fell today, Thursday, in Egypt, with the middle of trading, and the gram decreased by 50 pounds, compared to the prices at the beginning of trading, with the decline of the metal globally.
And the price of a gram of gold jumped 50 pounds at the beginning of the day’s dealings, before returning and losing it.
Yesterday, Wednesday, the US Federal Reserve raised interest rates for the seventh time this year, and the rate of increase came by 0.5%, in line with expectations, so that interest rates would be between 4.25% and 4.5%.
Yesterday’s decision means reducing the pace of interest rate hikes initiated by the Federal Reserve (the US Central Bank) since last March.
Gold prices today
14 karat gold prices fell to 1100 pounds per gram.
The price of 18 karat gold fell to 1414 pounds per gram.
And the price of 21 carat gold fell to 1650 pounds per gram.
The price of 24 karat gold decreased to 1886 pounds per gram.
The price of the gold pound
The price of the gold pound fell to 13,200 pounds, and the price may vary from one trader to another, and this price is equal to the value of gold in the pound.
The global price of gold
The price of gold fell globally in the middle of trading today, Thursday, to regarding $ 1778 an ounce, a decline of 1.61%, according to Bloomberg agency data.
You can follow gold prices today and around the clock via this service from Masrawy: gold prices
