Home » Business » After the dollar and interest rise, the price of gold is now rising in Egypt

After the dollar and interest rise, the price of gold is now rising in Egypt

23:05

Thursday 27 October 2022

I wrote – Sherine Salah:

The price of gold rose today, Thursday, in Egypt, and the gram rose 3 pounds, hours after the start of trading, from its starting level, despite the decline in the metal globally.

The Central Bank of Egypt has decided, in an exceptional decision today, Thursday, to raise interest rates by 2%.

And according to a Central Bank statement, the Central Bank’s interest rate rose to 13.25% for deposits and 14.25% for loans on Thursday.

Gold prices today

Prices for 14-karat gold have risen to £ 759 per gram.

And the price of 18-karat gold has risen to 976 pounds per gram.

And the price of 21-karat gold has risen to 1139 pounds per gram.

The price of 24-karat gold has risen to 1301 pounds per gram.

price of the gold pound

The price of the pound of gold has risen to 9,112 pounds, and the price can vary from one trader to another, and this price is equal to the value of gold in the pound, and its price is related to the prices of one gram of 21 carat.

The price of gold in the world today

The global price of gold fell after the first few hours of trading today, Thursday, to around $ 1663 an ounce, a slight drop of 0.05%, according to data from the Bloomberg agency.

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