Gold prices at the beginning of morning trading witnessed remarkable stability at the same market closing levels yesterday, following an increase at the conclusion of transactions by regarding 15 pounds per gram. Egypt, which is reflected in the price of gold.
Gold prices today:
Carat 18 recorded 926 pounds per gram.
21 caliber record 1080 pounds per gram.
24 carat record 1234 pounds per gram.
The gold pound is 8640 pounds.
Gold prices stabilized on Wednesday 17th as investors awaited the release of the minutes of the US Federal Reserve’s latest monetary policy meeting, looking for clues regarding interest rates amid signs of declining inflation.
The price of gold settled in spot transactions at $ 1776.75 an ounce at 07:08 GMT, following hitting its lowest level since August 8 at $ 1770.86 on Tuesday, and US gold futures rose 0.1% to $ 1791.70.
The minutes of the US Federal Reserve’s monetary policy meeting are scheduled to be released on July 26 and 27, and the benchmark overnight interest rate has been raised by 225 basis points in total since March in America to tame hyperinflation, and the rise in interest rates in the United States weakens the attractiveness of the yellow metal that does not generate returns.
