The price of gold is declining locally and rising globally

2023-07-29 14:11:17

gold priceCoinciding with the weekly holiday for the global stock exchange, gold prices in the local markets witnessed a slight decline during trading today, Saturday, while its global prices rose in trading yesterday, Friday, after the American personal consumption expenditures price index showed a decline in inflation, as it rose by 0.2% on a monthly basis. , which enhances the chances of the US Federal Reserve ending the monetary tightening cycle.

2155 pounds for 21 karat

and witnessed gold prices In the goldsmiths’ markets in Egypt, a state of stability during trading yesterday, Friday, as a gram of 21 carat gold opened trading at the level of 2155 pounds, touched the level of 2160 pounds, and concluded transactions at the level of 2155 pounds, while the ounce rose on the global stock exchange by a value of 14 dollars, while transactions opened at the level of 1945 dollars. , and closed trading at the level of 1959 dollars.

gold price today

5 pounds less in goldsmiths’ shops

In turn, Saeed Imbaby, executive director of the “iSagha” platform for trading gold and jewelry via the Internet, says that gold prices fell by about 5 pounds in the local markets during today’s trading, and compared to the closing of yesterday’s trading, Friday, so that a gram of 21 carat gold recorded a level of 2150 pounds, while an ounce was stable. At the level of 1959 dollars. He believes that the price of a gram of 24 karat gold recorded the level of 2457 pounds, the price of a gram of 18 karat gold recorded the level of 1843 pounds, the price of a gram of 14 karat gold recorded the level of 1434 pounds, and the gold pound recorded the level of 17200 pounds.

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