20:08
Thursday 22 December 2022
I wrote – Sherine Salah:
The price of gold fell in Egypt during trading today, Thursday, and the gram is down £10 from its end-of-day level as the metal’s global decline, and after the Central Bank lifted the interest of 3%.
The Central Bank decided to raise interest rates by 3% on deposits and loans at its last Monetary Policy Committee meeting in 2022 today, Thursday, to curb inflation (the pace of price increases), exceeding market expectations .
The interest rate at the Central Bank (Corridor) rose after today’s interest rate hike to 16.25% on deposits and 17.25% on loans.
Gold prices today
Prices for 14-karat gold fell to £1127 per gram.
The price of 18-karat gold fell to £1449 per gram.
The price of 21-karat gold fell to £1,690 per gram.
The price of 24-carat gold fell to £1,931 per gram.
The price of the gold pound
The price of the gold pound has dropped to 13,520 pounds, and the price can vary from one dealer to another, and this price is equal to the value of gold in the pound.
The global price of gold
Gold prices fell globally during trading on Thursday to around $1,793 an ounce, a drop of 1.13%, according to data from the Bloomberg agency.
You can follow gold prices today and around the clock via this service from Masrawy: gold prices
