2023-07-10 08:03:04
Monday, July 10, 2023 | 11:02 am
The price of gold is now in the goldsmith’s shop
Gold prices declined globally, significantly during these trading moments, today, Monday, following the US jobs data last week raised doubts regarding the strength of the labor market, prompting investors to further doubt the path of raising interest rates in the Federal Reserve.
Important economic data
This week, the markets are awaiting the issuance of many important economic data, affecting the movement of the dollar and gold, especially the US inflation data, as this data will have a strong impact on the movements of the currency markets, especially the movements of the US dollar and gold.
Gold and the dollar now
Gold futures fell 0.25% to $1928 an ounce.
While spot contracts decreased by 0.15%, to 1923 dollars an ounce.
On the other hand, the dollar index rose 0.2% to 102,150 points.
local gold price
At the local level, gold prices fell at the beginning of trading today, Monday, and in the following lines, we publish the price of gold today.
The gold price today in Egypt
24 karat: 2,474 sold, 2,486 bought
22 carat: 2,268 sold, 2,279 bought
21 carat: 2,165 sold, 2,175 bought
18 carat: 1,856 sold, 1,864 bought
Carat: 14, selling 1,443, buying 1,450
An ounce: selling 76,950 buying 77,306
Gold Pound: Sell 17,320 Buy 17,400
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