settled gold prices In Egypt during evening trading on Thursday, July 14, 2022, following a decline of regarding 10 pounds in morning trading, once morest the background of the drop in the global gold price, which recorded a remarkable decline from levels of 1729 dollars once morest the price of 1713 dollars, which was reflected in gold prices in Egypt.
And a gram of 21 karat gold, which is the most popular in the goldsmiths market in Egypt, recorded a drop to 990 pounds per gram at the time of drafting these lines, compared to levels of 1000 pounds per gram, without adding workmanship to the gram.
Gold prices today
21 karat records 990 pounds per gram
24 caliber: 1133 pounds
Caliber 18: 848 pounds
The gold pound is 7920 pounds
An ounce of gold is 1713 dollars
Gold prices fell 1% Thursday, July 14, following US Treasury yields and the dollar rose, with expectations for gold already damped by fears that the Federal Reserve will resort to a larger interest rate hike this month to tackle rising inflation.
Spot gold fell 1% to $1718.69 an ounce, and US gold futures fell 1% to $1717.70.
The dollar hit a new record high in 20 years, hurting demand for gold priced in the US currency among buyers who own other currencies.
US 10-year Treasury yields rose, denting the allure of non-fixed-yielding gold.
Data last night showed that the annual US consumer price index jumped 9.1% in June, the biggest rise in more than 4 decades.
