Islam Saeed Books
Tuesday, April 18, 2023 08:23 PM
Gold prices returned in Egypt in evening trading today, Tuesday, to rise again by about 60 pounds per gram, after the return of the rise in gold globally to a level above 2000 dollars, which is reflected in the price of gold in Egypt in spot trading, and a gram of 21 carat gold, which is the best-selling in Egypt, recorded 2400 pounds for the first once in history.
Gold prices today:
21 karat records 2400 pounds.
18 karat records 2057 pounds.
24 karat records 2743 pounds.
The gold pound is 19,200 pounds.
Gold ounce 2004 dollars.
Gold bullion prices today
The price of a gold ingot weighing 2.5 grams recorded 6857 pounds per gram, and the price of a gold ingot weighing 5 grams reached 13715 pounds, and the price of a gold ingot weighing 10 grams reached 27430 pounds, and the price of a gold ingot weighing 20 grams reached 54860 pounds, and the price of an ounce of gold weighing 31.1 grams reached 85307 pounds, and these prices do not include workmanship and tax, and the prices recorded in the market are now the highest in the history of gold pricing.
Global gold prices
At the global level, gold returned to the rise during trading today, Tuesday, to take advantage of the decline of the US dollar in the markets against currencies, after two sessions of losses suffered by the precious metal, as the markets seek more clarity regarding the position of the monetary policy of the Federal Reserve Bank, according to Gold Billion.
Spot gold prices witnessed an increase during today’s session by 0.3%, to trade at the time of writing the report at the level of $2000.69 an ounce, after gold prices fell yesterday to the lowest level in two weeks at $1981.06 an ounce.
Despite the decline that dominated gold prices for two consecutive sessions, prices remained stable above the important psychological level of $2,000 an ounce, which confirms the continuation of the bullish trend’s dominance and that the volatility in the gold markets is still within the negative correction range after the strong wave of rise that began. Since March.
Gold prices fell from the highest level in 13 years at $ 2048.76 an ounce, which was recorded during the past week, by $ 45 due to the recovery of the dollar since the end of last week, after gold witnessed the strongest buying wave in four weeks since the middle of 2019. This comes with a change in expectations The American interest rate after the statements of the Federal Reserve member, Christopher Waller.
