witnessed gold pricesIn the morning trading, today, Friday, a decrease of regarding 4 pounds; to score gold in Egypt Today, 21 karat is regarding 1076 pounds, with the return of the high demand for gold in Egypt.
Gold prices today
18 caliber records 922 pounds
21 caliber records 1076 pounds
24 caliber records 1230 pounds
The gold pound is 8608 pounds
In spot trading, gold prices stabilized in light of the stability of the dollar and its relinquishment of some of the gains it recorded earlier in the session, with the attention turned towards the Jackson Hole conference.
US gold contracts rose to $1,765.5 per ounce, which contributed to compensating the precious metal for some of its losses, coinciding with the stability of the dollar index near 108.6 points, following rising today to 109.112 points.
The markets are waiting for Federal Reserve Chairman Jerome Powell’s speech during the Jackson Hole conference to pick up signals related to the monetary policy that he will adopt to control inflation.