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“Gold Price Fluctuations in Egypt and Global Market: Updates and Analysis”


Books – Islam Saeed

Saturday, May 27, 2023 01:38 PM

witness gold prices In Egypt, levels of 2385 pounds were recorded per gram of 21 carat, which is the best-selling in Egypt, amid price fluctuations and clear continuous movements throughout this week, and the following are developments in gold prices

Gold prices today:

21 karat records 2385 pounds

18 karat records 2044 pounds.

24 karat records 2726 pounds.

The gold pound is 19080 pounds.

gold prices

Global gold prices concluded last week’s trading on a decline for the third week in a row, in light of a change in the trends of gold markets in the short term, after closing below the support level of $1950 an ounce, in light of a recovery in dollar levels supported by economic data.

Spot gold prices fell during the past week by 1.6%, losing more than $30, and gold closed its trading at $1946 an ounce, below the important support level of $1950 an ounce, while it recorded its lowest level in 9 weeks at $1936 an ounce.

Since gold recorded its highest historical level at the beginning of this month at $2,080 an ounce, it has lost more than $130, down by 6.4%, in light of changing market expectations for US interest rates, in addition to the recovery in dollar levels, according to Gold Billion technical analysis.






2023-05-27 10:38:00
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