Witness gold price In Egypt, in evening trading, there is remarkable stability at 1750 pounds per gram of 21 karat, which is the best-selling in Egypt, while the global price of gold witnesses levels of $1850 per ounce in spot gold trading.
Gold prices today:
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18 karat, a record of 1,500 pounds.
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21 caliber, record 1750 pounds.
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24 karat, record 2000 pounds.
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The gold pound is 14,000 pounds.
Global gold prices
Gold prices rose Thursday, January 5, supported by the weakness of the dollar, while market participants prepared for data on US jobs that may affect the course of the Federal Reserve’s policy, and gold rose in spot transactions 0.1% to $ 1856.11 an ounce, after it reached its highest level in Approximately 7 months in the previous session.
US gold futures also rose 0.1% to $1,861.20, and the dollar index fell 0.1%, making gold priced in the US currency more attractive to foreign investors.
The ADP National Employment Report is due to be released and will be followed by the US Labor Department’s release of non-farm payrolls data on Friday, which are highly watched data.
The minutes of the Federal Reserve’s December monetary policy meeting, released last night, showed officials’ agreement that the US central bank should slow the pace of sharp interest rate increases.
The yellow metal is seen as a hedge against inflation and economic uncertainty, but high interest rates tend to put pressure on gold, which does not yield a return.
As for other precious metals, silver settled in spot transactions at $ 23.74, while platinum increased 0.2% to $ 1080.88, and palladium rose 0.3% to $ 1793.38.