Gold Division announced the stability Gold prices today 21 karat gold, which is the best-selling in Egypt, recorded levels of 1005 pounds per gram, with the international price of gold continuing to record the level of 1827 dollars at the weekly closing price.
Gold prices today:
Carat 18 records 862 pounds.
21 caliber records 1005 pounds.
24 carat records 1147 pounds.
The gold pound is 8038 pounds.
An ounce of gold is $1,827.
Has risen gold This week as the dollar weakened and recession fears boosted its appeal as a safe haven, a looming interest rate hike is putting non-yielding assets on course for a weekly decline.
Spot gold rose 0.1% to $1,824.69 an ounce, after earlier touching a one-week low of $1,816.10, and US gold futures rose at $1830.3.
To boost gold’s allure, the dollar index is down more than 0.2%. Bullion is a way to hedge against inflation, but high US interest rates increase the opportunity cost of holding it.
In the physical market, traders offered bigger discounts in India this week to attract buyers as the wedding season ended, while some consumers in China bought bullion to hedge against economic concerns.
Spot silver prices rose 0.9% to $21.12 an ounce, platinum rose slightly to $907, while palladium rose 1.9% to $1,879.43.