settled gold prices Today in Egypt, at yesterday’s levels, with the continuation of recording an ounce gold The same level is 1992 dollars and the ounce accepts the change continuously.
gold price today
Gold prices today in Egypt, in detail, are 18 karat, 764 pounds per gram, 21 karat, 892 pounds per gram, and 24 karat, 1019 pounds per gram, and the gold pound 7,136 pounds.
Hani Gayed, head of the Gold Division in the Federation of Chambers of Commerce, revealed the developments in the gold market in Egypt and the global stock exchange after the US Federal Reserve announced raising interest rates by a quarter of a percentage point, which affected gold trading in the whole world.
In exclusive statements, Hani Gaid explained that the gold market in Egypt is linked to the global stock exchange, but there are several criteria that affect prices in Egypt, even if we do not witness a development in the global price, pointing out that the most important of these factors is the price of the dollar in the Egyptian markets, supply and demand factors, and the volume of gold supply. As well as the volume of import.
Gold prices in Egypt today are recorded for 21 karat, which is the best-selling in Egypt, 892 pounds per gram at the time of writing these lines, while gold on global stock exchanges recorded the level of 1940 dollars now, a price that can change quickly in the coming hours, with the announcement of the US Federal Reserve to raise the price The interest rate is only a quarter of a point, while expectations were for a half point hike, but what caused the markets to be busy is the Federal Council’s assertion that inflation may continue to rise as oil continues to rise.