Gold prices today in Egypt, Sunday, June 12, 2022, witnessed remarkable stability in conjunction with the weekly holiday for the goldsmiths market and the suspension of trading on the yellow metal on the global stock exchange, which recorded 1871 dollars.
Gold prices today:
Carat 18 records 860 pounds.
21 caliber records 1003 pounds.
24 karat records 1146 pounds.
The gold pound is 8024 pounds.
An ounce of gold is $1,871.
The Metals Division of the Federation of Industries said that the global gold markets are now awaiting the announcement of US interest rates, which have a significant impact on gold trading and the volume of demand for the yellow metal, which of course affects the movement of gold in the Egyptian market.
She pointed out that the drop in gold prices in Egypt under 1000 pounds per gram for the first time since last March 21 is an indication of the decline in speculation on the dollar, and the same is related to supply and demand factors during the past week, but the price returned to rise above 1000 pounds per gram.