Gold prices today in Egypt, Wednesday, October 26, 2022, are witnessing remarkable stability at the same levels of opening trading on gold today, after prices rose by about 8 pounds, and gold in Egypt recorded a clear fluctuation over the past days between rising and falling due to turmoil in the market. gold Globally, as well as a change in the volume of supply and demand for gold.
Gold prices today:
Carat 18 recorded 975 pounds.
21 caliber recorded 1138 pounds.
24 caliber record 1300 pounds.
The gold pound is 9120 pounds.
21 karat gold price today
Gold prices today In the evening transactions, 1138 pounds per gram of the main caliber in the gold market is recorded, as 21 karat gold in Egypt is the caliber that records the highest sales in the gold market in Egypt, and 21 karat gold moves by about 8 pounds today.
Gold prices today, Wednesday, 18 karat
testify Gold prices today, Wednesday A rise in 18 carat, which is the second carat in terms of the volume of gold sales in Egypt, and 18 carat gold is spread in the governorates that are witnessing popularity in the tourism movement, and in tourist areas.
24 karat gold prices today.. bullion gold
The prices of bullion gold, 24 karat gold, are witnessing high levels of 1,300 pounds per gram, which is reflected in the prices of gold bars in Egypt, where it is considered gold 24 karat is the caliber that constitutes alloys in Egypt, and gold of this caliber is reaching record levels with the rise in demand for alloys of different weights in Egypt.
Gold prices in the global stock exchange
register Wednesday gold price October 26, 2022, the highest level in two weeks, with the decline in the dollar and US Treasury bond yields, amid expectations that the Federal Reserve will ease the policy of raising interest rates starting from December 2022, and gold in spot transactions rose 1%, recording $ 1669.22 per ounce, after touching the highest price since October 13, and contracts rose US gold futures also 1% to $ 1673.80 an ounce.
The decline of the dollar affects gold globally
The dollar extended its losses to reach its lowest level in more than a month against rival currencies, making gold less expensive for holders of other currencies, and US 10-year Treasury yields fell to their lowest level in a week, and the Federal Reserve is still widely expected to raise rates. Interest is 75 basis points in November 2022.
The gold market is awaiting economic data
The focus now shifts to the US GDP data due to be announced tomorrow Thursday, followed by the US core inflation data on Friday, which could provide a clearer picture of the path of the Federal Reserve’s hike in interest rates, and attention is focused on the European Central Bank meeting tomorrow Thursday.
Metal prices after the rise of gold
As for other precious metals, silver rose 1.3 percent to $19.59 an ounce, platinum jumped 3.2 percent to $944 an ounce, and palladium rose 1% to $1943.13.