Gold prices stabilized in the local market, with traders and goldsmiths, at the beginning of trading today, Monday, 27-6-2022, after the price of 24 gram recorded about 1150 pounds.
14 caliber
Where the price of 14 karat gold recorded about 671 pounds per gram.
18 . caliber
While the price of 18 carat gold recorded about 862 pounds per gram.
21 . caliber
The price of 21 karat gold reached 1006 pounds per gram.
24 . caliber
While the price of 24 carat gold came to about 1150 pounds per gram.
gold pound
While the price of the gold pound reached 8048 pounds.
The US Federal Reserve stated that it decided to raise the interest rate earlier, by 0.75%, the highest rate increase in more than 28 years, in an attempt to curb high inflation.
Hence, the price of gold stabilized globally in light of expectations to raise US interest rates again, in addition to the rise in Treasury yields, which limited the demand for the precious metal.
Gold futures for August delivery were also recorded at $1827.80 an ounce, in mid-trading, while the spot price for gold rose slightly by 0.20% to $1826.40 an ounce.
Spot gold is heading for its second weekly loss, dropping by 0.80% on a weekly basis so far.
dollar exchange rate today
Ahli Bank
The price of the dollar in the National Bank of Egypt recorded 18.71 pounds for purchase and 18.77 pounds for sale.
Egypt Bank
The price of the dollar in Banque Misr recorded 18.71 pounds for purchase and 18.77 pounds for sale.
Emirates NBD Bank
While the price of the dollar in Emirates NBD reached 18.69 pounds for purchase and 18.79 pounds for sale.
HSBC Bank
The price of the dollar in HSBC Bank came to about 18.69 pounds for purchase and 18.79 pounds for sale.
Arab International Bank
While the Arab International Bank gave the price of the dollar at about 18.69 pounds for purchase and 18.79 pounds for sale.
Commercial International Bank
The price of the dollar at the Commercial International Bank scored about 18.73 pounds for purchase and 18.79 pounds for sale.
Faisal Islamic Bank
The price of the dollar in Faisal Islamic Bank stabilized, recording 18.71 pounds for purchase and 18.79 pounds for sale.
Mashreq Bank
The price of the dollar in Mashreq Bank reached 18.69 pounds for purchase and 18.79 pounds for sale.
National bank of Kuwait
The price of the dollar in the National Bank of Kuwait reached 18.69 pounds for purchase and 18.79 pounds for sale.