Gold prices rose today on the global stock exchange from 1869 to 1896 dollars following raising the American interest and fears of inflation, which was reflected in gold prices in Egypt, which rose regarding 40 pounds from 1145 to 1185 pounds per gram of 21 karat, which is the best seller in Egypt.
Gold prices today
18 caliber records 1016 pounds
21 carat records 1185 pounds
24 karat records 1354 pounds
Gold ounce 9480 dollars
The US Federal Reserve raised interest rates by 50 basis points for the first time since 2000, as the reserve seeks to curb inflation that has reached its highest levels in several decades, and this is the second time that the US Federal Reserve raises interest rates in 2022, and a number of Gulf banks followed today On Wednesday, the countries of Saudi Arabia, Qatar, the UAE and Bahrain also raised interest rates.
Gold was affected by the trend towards raising interest rates at the close of trading on Wednesday, and prices actually fell to levels of 1860 dollars per ounce on the global stock exchange, but the metal returned to rise once more in the stock exchanges with more concerns regarding inflation in the world.