Gold is jumping globally amid the decline in the price of the dollar today

2023-06-12 09:32:35

The price of gold and the dollar.. led subsidence dollar price Today, Monday, in front of 6 currencies in the main index of the dollar, to support the forces of demand for gold, which reinforced the rise of the ounce by 0.22%, to 1965.4 dollars.

The price of the dollar today

price fell dollar against the British pound, by 0.23%, at 0.79 pounds.

The price also fell dollar against the euro today, by 0.28%, to 0.93 euros.

As it rose dollar price The US dollar against the Swiss franc, to record 0.90 francs.

fell dollar price against the Japanese yen, to record 139.2 yen.

Reasons for the rise of gold

The rise of gold came according to a price list dollar In front of the currencies included in the index, of which the euro and the pound sterling occupy a large area, as the decline of the dollar, in which the ounce is priced globally, led to a decrease in the costs of obtaining gold in previous currencies.

Investors’ expectations in the foreign markets of the US Federal Reserve’s decision, which conflicted between raising and fixing interest rates, led to fluctuating performance dollar.

Gold futures prices

rise gold price In futures contracts for August delivery, by 0.12%, to 1979.65 dollars an ounce, up 2.35 dollars from the opening price this morning.

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The gold price in Egypt today

And about gold prices in Egypt today, Monday, June 12, they came as follows:

price gold 24 karat at 2656 pounds per gram today, in the formulation of Egypt, without manufacturing costs.

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The price of 21 karat gold is at 2310 pounds per gram today, with goldsmiths.

The price of 18 karat gold today, Monday, is at 1989 pounds per gram.

The price of the gold pound today is at 18,650 pounds, without manufacturing costs.

Also read..

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Gold price now… Cautious stability in the yellow metal market before the Central Bank meeting

“Buying and selling.” The gold price in the UAE today, Monday, June 12, 2023

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