witnessed gold pricesa noticeable decline of about 12 pounds during the past 24 hours, and a gram of gold recorded 21 . caliberAnd it is the best seller in Egypt – 1038 pounds per gram in trading today, Friday, compared to 1050 pounds.
Gold prices today
21 caliber records 1038 pounds
18 caliber records 890 pounds
24 carat records 1187 pounds
The gold pound is 8304 pounds
On the global stock exchange, gold prices stabilized on Friday, August 12, 2022, and headed towards recording the fourth consecutive weekly increase, in light of the general weakness of the US dollar faced by pressures from the increase in the yield on treasury bonds, as well as expectations of raising US interest rates.
Spot gold prices consolidated at $1,789.81 per ounce, and increased during the week by about 1%, and US gold futures fell 0.2% to $1,804.20 per ounce.
And the dollar is about to incur its third weekly loss in a row, which makes gold less expensive for holders of other currencies, and for other precious metals, silver fell in spot transactions 0.2% to $ 20.34 an ounce, and platinum fell 0.1% to $ 955.16 an ounce, and palladium fell 0.6% to 2262.53 dollars per ounce.