Gold prices witnessed stability during the beginning of trading today, Wednesday 19-10-2022 in Egypt, after it fell twice by about 4 pounds during the course of trading in the local market, despite the rise of the metal globally by one dollar.
The price of gold today globally
The price of gold today globally lost about $8 in the price of an ounce, recording $1652, compared to Monday’s prices.
But it reduced those losses by one dollar in the price of an ounce a while ago, recording 1653 dollars, but gold locally is still affected by the initial decline wave until the time of publishing this news.
Gold price today in Egypt
Today, 24 carat gold prices fell to 1266 pounds per gram.
And the prices of 21 karat gold fell to 1108 pounds per gram.
And the price of 18 carat gold fell to 950 pounds per gram.
Today, 14-karat gold prices fell to 739 pounds per gram.
gold pound price
The price of the gold pound fell to 8864 pounds, and the price may vary from one dealer to another, and this price is equal to the value of gold in the pound, and its price is linked to the prices of a gram of 21 karat.
The price of the Turkish lira against the US dollar, the euro, the Saudi riyal and the Syrian pound today, October 18, 2022
The price of the Turkish lira against the US dollar is about 14.39
The price of the Turkish lira against the euro is 16.02
The price of the Turkish lira against the Saudi riyal is about 3.44
The price of the Turkish lira against the Syrian lira is about 281
The price of the Turkish lira against the Saudi riyal today
The price of the Turkish lira stabilized against the Saudi riyal in the morning trading today, to record the price of one lira 0.2021 Saudi riyals, and each Saudi riyal recorded 4.9466 Turkish liras.
Inflation in Turkey reaches its highest level in 24 years
Official data showed that the Turkish annual inflation jumped to a new peak representing the highest level in 24 years at 83.45% in September, to come below expectations, after the central bank surprised the markets by cutting interest rates twice in the past two months despite the high prices.
The Turkish Statistical Institute said consumer prices rose 3.08% on a monthly basis, compared to a Archyde.com poll forecast of 3.8%, and on an annual basis, consumer price inflation was expected to reach 84.63%.