witnessed gold prices In evening trading today, Sunday, a decline of regarding 3 pounds, to record gold in Egypt today, 21 karat, regarding 1074 pounds, compared to 1077 pounds, with the decline in demand for gold, as trading stops on gold on Sundays of each week, but the factors of supply and demand affect prices, whether by rise or landing.
Gold prices today:
Carat 18 recorded 920 pounds per gram.
21 carat record 1074 pounds per gram.
24 carat record 1226 pounds per gram.
The gold pound is 8592 pounds.
The minutes of the monetary policy meeting of the US Federal Reserve is scheduled to be released on July 26-27, which leads to a state of anticipation in the global gold market, as higher interest rates reduce the attractiveness of gold.
The benchmark overnight interest rate has been raised by a total of 225 basis points since March in America to tame hyperinflation, and the rise in interest rates in the United States is weakening the attractiveness of the yellow metal that does not generate returns.
