We publish the latest update in gold prices today, Wednesday, which records a remarkable stability at the level of 1110 pounds per gram of 21 karat, which is the best-selling in Egypt, while the local gold market witnessed several major changes over the past days, so that prices recorded a clear fluctuation between ups and downs.
Gold prices today:
18 caliber record 950 pounds.
21 caliber record 1110 pounds.
24 carat record 1270 pounds.
The gold pound is 8810 pounds.
Globally, gold fell on Wednesday, October 19, with the dollar gaining some strength, while the US Federal Reserve’s commitment to tighten its monetary policy also pressured the attractiveness of the non-yielding precious metal.
By 0317 GMT, spot gold fell 0.1% to $1650.02 an ounce, while US gold futures settled at $1654.80, and the dollar index rose 0.1%, after falling to its lowest level since October 6, Tuesday, October 18. .