The price of “gold” continues to rise on the back of expectations of the Federal Reserve interest rate fixing today

2023-06-14 09:03:32

gold price.. Gold returned to the rise again, immediately after the opening of trading this morning, Wednesday, June 14, on the International Metal Exchange, by about $ 6.5 at $ 1950 an ounce.

As he bounced The price of gold in Egypt Today, it is towards the upward path, after it stopped yesterday, Tuesday, at a drop below $2,300 in a 21-gram gram.

The price of gold now

The price of 21 karat gold recorded during the current time about 2296 pounds per gram, a slight increase from the price of gold on Tuesday evening.

gold price

The price of a gram of 24 carat gold has now reached about 2623.5 pounds, after it was near 2617 pounds at the end of yesterday.

gold price today

and up gold price 18 karat, during the current time, to 1971 pounds per gram, a slight increase from 1962 pounds at the close of yesterday’s trading.

The price of gold now

The price of the gold pound today in Egypt ranges between 18,350 and 18,370 pounds, without manufacturing costs.

US Federal Reserve and gold

The early rise in the price of gold today on the precious metals exchange comes amid a decline in the dollar index pending the US Federal Reserve’s decision this evening, and following expectations of a temporary halt in interest rates at the current meeting after the annual inflation rate declined in May to 4% from 4.9% during the month of April. .

gold

dollar

And it fell The price of the dollar today In front of six other currencies included in the index, the British pound, the Swiss franc, the Canadian dollar, the Swedish krona, the Japanese yen, and the euro, by 0.1%, which gained gold a new increase amid the decline in its price in dollars and the low costs of owning it in other currencies.

Also read..

Before the interest decision.. a new rise in the price of gold today, Wednesday, June 14, and a surprise in 21 carat

The latest update of gold prices today, Wednesday, June 14, 2023

Global markets are awaiting the results of the US Federal Reserve meeting today

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