Gold prices today, Tuesday, December 5, 2023, 21 karat, reaches 2,790 pounds

2023-12-05 07:14:00

We publish the latest update on gold prices in Egypt in morning trading today, Tuesday, December 5, 2023. A gram of 21 carat gold, which is the best-selling gold in Egypt, recorded 2790 pounds per gram, while the international price of gold recorded 2022 dollars per ounce.

Gold prices today:

24 karat records 3189 pounds.

21 caliber costs 2790 pounds.

18 karat carat costs 2391 pounds.

The gold pound is 22,320 pounds.

The gold market is awaiting an important event

This week, the markets are awaiting the release of jobs data on the US economy, as next Friday, the government jobs report for the non-agricultural sector in the United States of America for the month of November will be released, with expectations of recording new jobs at an amount of 185 thousand jobs after the previous reading of 150 thousand jobs.

The jobs report is one of the most important reports that the Federal Reserve relies on in assessing the conditions of the American economy before making a monetary policy decision during the bank’s meeting next week. This report will affect the performance of the US dollar and thus the movements of gold during the coming period.

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