Today, gold prices in Egypt are witnessing remarkable stability at 1700 pounds per gram, with the continuation of the wave of unrest in the market amid momentary changes in the price of the metal due to speculation, and the markets are witnessing disturbances in the process of pricing gold, which prompted some applications to determine gold prices to stop pricing the metal, as well as major producing companies. Stop buying and selling
Gold prices today:
18 karat recorded 1457 pounds.
21 karat recorded 1,700 pounds.
24 caliber, 1947 pounds.
14 karat recorded 1136 pounds.
The gold pound is 13,600 pounds.
registered gold prices The highest settlement price in about the ninth week of December, after economic data revealed that the producer price index in America recorded levels slightly higher than expectations. Upon settlement, gold futures rose by 0.5%, or $9.20, to $1810.70 an ounce, recording weekly gains. marginal by about 0.1%.
Economic data revealed that the producer price index in America rose by 0.3% in November on a monthly basis, exceeding analysts’ expectations of 0.2%. Next week, all eyes will be on the Federal Reserve meeting, amid expectations that the bank will ease the pace of monetary tightening by raising interest rates by about 50 basis points.
Market participants’ expectations of a 50 basis point rate hike at the US Federal Reserve policy meeting on December 13-14 are now at 93%.