We publish the latest update on gold prices today, Tuesday, for all bullets circulating in the Egyptian market, as a gram of 21 carat gold, which is the best-selling in Egypt, records 1650 pounds per gram.
Gold prices today
18 karat recorded 1414 pounds.
21 caliber, record 1650 pounds.
And 24 karat recorded 1886 pounds.
And the gold pound is 13,200 pounds.
The consumer constantly awaits the movement of gold in Egypt, and monitors the price of the yellow metal in the global stock exchange, in addition to all developments in the global stock market for gold. The gold market is awaiting several developments this week, most notably the announcement of the US interest on next Wednesday, which will have clear effects on the movement of gold and the volume of demand. on the precious metal on the global stock exchange.
Sam Gold for precious metals confirmed that global gold prices this week recorded a slight rise, as gold futures rose by 0.5% to $1810.70 an ounce at the end of the Friday sessions, recording marginal weekly gains of regarding 0.1% at the end of the weekly trading sessions, following US data revealed that the index Producer prices in the United States rose by 0.3% in November 2022 on a monthly basis, exceeding expectations of 0.2%.
And she pointed out that the global gold price moved in a price channel that ranged between 1775 to 1810 dollars per ounce over the course of this week’s sessions, with precious metals markets anticipating the results of the US Federal Reserve meeting, amid expectations that the “Federal” will reduce the pace of monetary tightening by raising interest by regarding 50 percent. basis point.
This week, the US market is awaiting the announcement of the results of the interest rate decision from the Federal Reserve on Wednesday, December 14, 2022, and US crude stocks as well, which will have direct repercussions on the movement of gold globally this week, according to Sam Gold.
And she indicated that industrial production in the eurozone, Chinese industrial production, the interest decision from the Bank of England, as well as the interest decision from the European Central Bank and US relief requests are expected to be announced on Thursday, December 15th, and retail sales in Britain, the purchasing managers’ index in Germany, and the purchasing managers’ index are scheduled to be announced. In Britain and consumer prices in the euro area on Friday, December 16, 2022.
