rose Gold prices today In Egypt, Saturday, September 17, 2022, at about 2 pounds per gram of bullets traded in the gold market, and the rise in gold in Egypt came despite the significant decline recorded by an ounce of gold on the global stock exchange, to record levels that are the lowest, as gold globally reached its lowest level in two years, before adjusting Gold is on track and compensates for part of its losses at the conclusion of the trading sessions yesterday, Friday.
Gold price today in Egypt
21 caliber records 1115 pounds
18 caliber records 956 pounds
24 karat gold records 1274 pounds
The gold pound is 8920 pounds.
retreat gold In spot transactions 0.1% to $ 1661.97 an ounce by 07:24 GMT yesterday, after hitting its lowest level since April 2020 at $ 1658.30. Prices fell 3.2% since the beginning of the week so far, and US gold futures fell 0.4% to $ 1670.50. This comes as US 10-year Treasury yields are approaching their highest level since June, while the dollar is heading for a weekly rise against its competitors, and gold is very sensitive to raising US interest rates, as it increases the opportunity cost of holding non-yielding bullion.
The market closed yesterday, Friday, September 16, amid anticipation of the announcement of industrial production in China, retail sales in Britain, and the consumer price index in the euro area. These events and economic data affect the price indicators of currencies, gold and major metals, and are also considered a measure of the economy’s movement, especially with regard to inflation, the trade balance and the performance of companies. and others.