We are releasing the latest update of gold prices today, Sunday 9 October 2022, as prices register an increase in morning transactions of around 15 pounds and the price of one gram of 21-karat gold, which is the best-selling in Egypt, reached £ 1100 without adding manpower and this price could see significant changes in the coming hours as Egypt’s gold trade continues.
21-karat was worth 1,100 pounds and the 24-karat price was worth 1257 pounds and the 18-karat price was worth 943 pounds and the 14-karat price was worth 730 pounds and the gold pound was 8800 pounds.
Globally, gold prices rose during the close of trading week, coinciding with the weakness of the dollar and US Treasury yields, as investors awaited the monthly employment report that could influence the hike strategy. Federal Reserve interest rates.
In a speech at Northwestern University, Rafael Bostik, president of the Federal Reserve Bank of Atlanta, called for the interest rate to be raised between 4% and 4.5% by the end of this year, in order to reach a point. where monetary policy is moderately restrictive before stopping to monitor how the economy and prices interact.
Despite recession fears, Goldman Sachs raised its US growth forecast in a research note, forecasting third-quarter GDP growth of 1.9%, up from 0.9% previously forecast.
![[정치]Prime Minister Han Deok-soo visits three Latin American countries for 9 days and 7 nights to discuss cooperation on mineral resources](https://image.ytn.co.kr/general/jpg/2022/1009/202210092207499437_t.jpg "[정치]Prime Minister Han Deok-soo visits three Latin American countries for 9 days and 7 nights to discuss cooperation on mineral resources")