Supported by a slight ascent bThe price of the dollar once morest the Egyptian poundGold prices recorded historic and record highs in the Egyptian market.
The yellow metal recorded the highest price point in history at levels of 1095 pounds per gram of 21 karat, which is the best-selling in Egypt, due to the high dollar prices in the markets, while gold on the global stock exchange recorded the level of 1953 dollars.
In the exchange market, the prices of foreign and Arab currencies varied once morest the Egyptian pound, where the dollar exchange rate recorded regarding 18.42 pounds for purchase, and 18.48 pounds for sale.
The slight rises in the dollar exchange rate were reflected in gold prices, as the price of an 18-carat gram rose to the level of 939 pounds, while the 21-carat gram recorded a level of 1095 pounds, which is the highest level recorded so far.
The price of a 24 carat gram also increased to 1252 pounds, while the price of an ounce of gold rose to regarding 1953 dollars.
The highest price point for gold was recorded on the March 9, 2022 session, when the price of a gram of 21 karat reached the level of 1090 pounds.
Globally, the global price of gold recorded its lowest level in regarding two weeks, affected by the continued rise in US bond yields and the dollar.
And in early trading Wednesday, gold fell in spot transactions by 0.4% to the level of $ 1941.40 an ounce.
US gold futures also fell by 0.7% to $1944.80, then gold returned to rise to record the level of $1954.
