Today, Sunday, September 25, 2022, gold prices in Egypt are stable at the same level as the closing prices of trading yesterday, Saturday.
Gold prices today:
21 carat records 1130 pounds.
Carat 18 records 969 pounds.
24 carat records 1291 pounds.
The gold pound is 9040 pounds.
The global gold market is awaiting this week a number of reports and data that may affect the movement of the yellow metal, as reports and economic indicators are a compass on which investors and capitalists move to buy gold as a safe haven.
During trading yesterday, Saturday, 9/24/2022, gold was exposed to a decline of about 12 pounds, and this slight decline in the price of gold in Egypt came with the decline in the price of an ounce of gold on the global stock exchange to levels of 1640 dollars, a decline of more than 60 dollars, due to the great strength received by the dollar. In the last period, within the framework of the US Federal Reserve’s policy of monetary tightening, in order to confront inflation, which recorded record levels at the highest levels in more than 40 years.
Gold is awaiting several reports and economic data this week, as gold trading begins tomorrow, Monday, after the weekend, which is on Saturday and Sunday. And business climate index in Germany, and concludes today with a speech by the President of the European Central – Eurozone.