We publish the latest update in gold prices Today, Friday, according to the prices announced by the Gold Division in chamber of commerceWhich revealed the continued fluctuation in the prices of the yellow metal globally and locally as a result of interest rate developments in the United States of America.
Gold price in Egypt today
The price of a gram of 21 karat gold records 987 pounds
The price of a gram of 18 karat gold records 846 pounds per gram
The price of a gram of 24 karat gold records 1128 pounds
The price of the gold pound is 7869 pounds
Saad Salimah, an expert in the metals markets, said that the gold market is awaiting this week a number of events, reports and indicators that could affect the path of the market and the global gold exchange. .
He pointed out, in exclusive statements, that these indicators may lead to adjustments in the directions of investors and those looking for safe investment, as traders are closely watching these data to know the trends of gold prices during this week.
He explained that the gold market in Egypt is not far from the developments in the price of gold globally, and gold may move in a price path and channel between 985 to 1005 pounds per gram of 21 karat this week, up and down, according to the course of things on the global stock exchange.
The dollar hit a new record high in 20 years, hurting the demand for gold priced in the US currency among buyers who own other currencies. The 10-year US Treasury yields rose, undermining the allure of gold, which does not yield a fixed return.