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Gold Price in Egypt Falls Amid Global Decline Ahead of US Federal Reserve Meeting

The gold price fell in Egypt in the middle of trading today, Wednesday 19-4-2023, due to the reasons for the decline in the ounce globally due to the market trend towards pricing the US Federal Reserve meeting on May 3, 2023, to continue raising interest rates by 25 basis points.

21 karat gold price

The price of gold in Egypt declined, losing 21 karat about 15 pounds, at the level of 2385 pounds per gram, from the opening level of 2400 pounds.

gold price

24 karat gold price

The price of 24 carat gold also fell by about 25 pounds, to 2725 pounds, from the morning level at 2800 pounds.

18 karat gold price

While the price of 18 carat gold in Egypt’s goldsmiths declined today, Wednesday, to the level of 2030 pounds, compared to the morning opening price of 2035 pounds.

gold pound

As it fell The price of the gold pound to the level of 20,760 pounds.

The price of gold on the stock exchange

Regarding the global price of gold, it came on the Stock Exchange as follows:

– The price of gold in spot contracts at 1974 dollars, a decline of 1.55% from the level of 2005 dollars.

gold

– The price of gold in futures contracts for June delivery at $ 1986, a decline of 1.67% from the opening level at $ 2019.

And he was affected gold price Yesterday, Tuesday, in Egypt, with expectations of the dollar price in the exchange market, after the rise of the dollar in non-deliverable futures contracts against the pound, above the levels of 44 pounds.

Also read..

Yellow madness.. The price of gold during the beginning of trading today, Wednesday, April 19

Yellow now.. Gold prices in the UAE today, Wednesday, April 19

Gold prices in Saudi Arabia today, Wednesday, April 19, 2023 AD

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