settled Gold price in Egypt Today, in the middle of trading, after a rise of about 10 pounds in the morning, and a gram of 21 karat gold, which is the best seller, recorded 1060 pounds per gram, while expectations indicate changes in gold prices in the Egyptian market during the coming hours, with speculation, supply and demand for gold.
Gold prices today:
18 karat records 908 pounds.
21 carat records 1060 pounds.
24 carat records 1211 pounds.
The gold pound is 8480 pounds
At the level of gold prices globally, gold witnessed a rise in demand, with the US dollar falling to its lowest level in a month for the second consecutive session, making the yellow metal priced in dollars less expensive for buyers abroad, and gold in spot transactions rose 0.3% to $ 1858.19 per ounce. By 07:57 GMT, after rising to its highest level since May 9 at $1,865.29 on Monday. US gold futures rose 0.4% to $1,854.40.
The dollar, which is one of the safe havens competing for gold, is retreating broadly along with the decline in US Treasury yields from their highest levels in years with the strong easing from the Federal Reserve.
As for other precious metals, silver rose in spot transactions 0.4% to $21.86 an ounce, while platinum fell 0.2% to $956.93 and palladium increased 1.4 percent to $2021.28.