Gold prices today, Thursday, December 29, 2022 in Egypt

We publish the latest update in Gold prices today Thursday, after an increase of about 10 pounds, to record a gram of 21 carat gold, which is the best-selling in Egypt, to record the price of gold 1590 pounds for 21 carat, with the global price of the precious metal on international stock exchanges rising to 1808 dollars compared to 1800 dollars.

Gold prices today:

18 karat recorded 1364 pounds.

21 karat, a record of 1590 pounds.

And 24 karat recorded 1817 pounds.

The gold pound is 12,720 pounds.

Gold traffic trends 2023

I expected gold Bullion to trend gold prices In the long term, towards the rise in the global stock market, to exceed levels of $2,000 an ounce, for gold to re-evaluate itself in the long term better than the short term, according to global inflation rates as well as scenarios for dealing with interest.

According to a report analyzing market trends, gold is in an upward trend for the coming period, reaching 1850 during the first month of 2023, driven by expectations of tightening monetary policy as well as high inflation rates globally.

The report indicated that gold rose to the highest level in 5 months, as inflation data raised hopes about the Federal Reserve’s direction about slowing interest rate hikes. It will fare much better in 2022.

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