Gold prices today, Wednesday 19 October 2022 in Egypt

We release the latest update of gold prices today, Wednesday, which registers remarkable stability at the 1110 pounds per gram 21-karat level, which is the best-selling in Egypt, while the local gold market has seen several major changes in the past days, so much so that prices have seen a sharp fluctuation between highs and lows.

21 records of caliber 1110 lbs.

24 carat record 1270 lbs.

The gold pound is 8810 pounds.

Globally, gold fell Wednesday, Oct. 19, with the dollar gaining some strength, while the U.S. Federal Reserve’s commitment to tighten its monetary policy also put pressure on the attractiveness of the non-productive precious metal. .

At 03:17 GMT, spot gold was down 0.1% to $ 1650.02 an ounce, while US gold futures settled at $ 1654.80 and the dollar index was up by 0.1%, after falling to its lowest level since 6 October, Tuesday 18 October. .