We publish the latest update in gold prices today in the Egyptian market, according to the weekly closing price of the gold exchange globally, and 21 karat gold, which is the most popular in Egypt, scored 1090 pounds per gram, an increase of 10 pounds over the price of gold yesterday, Friday morning.
Gold prices today
Carat 18 recorded 934 pounds.
21 caliber record 1090 pounds.
24 carat record 1246 pounds.
The gold pound is 8720 pounds.
gold prices During yesterday’s trading, it declined in light of the rise in the yield on US Treasury bonds and with the statements of Federal Reserve officials in favor of further monetary tightening. Gold futures fell by 0.7%, or $13.90, to $1934.3 per ounce upon settlement, and weekly losses were recorded at 2.1%.
Federal Reserve Chairman Jerome Powell said that raising interest rates at next month’s meeting by about 50 basis points is an issue on the table, and the 10-year US Treasury bond yield consolidated its gains, and the US dollar index recorded a further rise at its highest level since March 2020.