register gold prices Today in Egypt, the highest levels of gold this week, after prices rose during the past 48 hours, about 40 pounds per gram, due to a move dollar priceAnd a gram of 21 carat gold – which is the best seller in Egypt – rose to 1070 pounds per gram.
Gold prices today
21 caliber records 1070 pounds
18 caliber records 917 pounds
24 carat records 1223 pounds
The gold pound is 8560 pounds
Gold prices rose globally, led by lower US Treasury yields, as cautious investors awaited the US non-farm payrolls report due this week for further indications on the US Federal Reserve’s stance on a rate hike.
US 10-year Treasury yields have fallen from their highest levels in more than a week, reducing the opportunity cost of non-yielding yellow metal holders.
“Most of the investors are on the sidelines because of the tension between the US and China, so people aren’t sure what’s going to happen,” said Brian Lane, managing director at Gold Silver Central.
Gold prices extended gains on Friday and were set to end the week on a higher note amid growing concerns over slowing global growth, while dollar losses ahead of US non-farm payrolls data also helped metals.
Prices of most industrial metals rose as the dollar’s losses relieved some of the pressure on those metals. But it is highly poised to end the week on a lower note after a slew of weak manufacturing data was released.
As of 2106 EST (0110 GMT), spot gold was up slightly at 1792 an ounce to approach a month’s peak, after rising 1.6 percent in the previous session, and gold futures were up 0.1 percent at $1,808.30.