testimony Gold price in Egypt A continued decline exceeding 100 pounds, with one gram of 21-karat gold, which is the most traded in Egypt, which now registers market levels of 1750 pounds per gram, amid expectations of a further drop in the price of one gram golden in the past hours.
Gold prices today:
18 carats, a record £1,500.
21, record 1750 lbs.
And 24 carats registered 2000 pounds.
And the gold pound is £14,000.
World Gold Prices
Gold futures contracts rallied as of the close of business on Friday, December 16, narrowing losses recorded over the past week.%.
Rob Haworth, chief investment strategist at Wealth management of US banksAnd that “precious metal prices rebounded mid-week on the back of weak inflation data, and he hopes the Federal Reserve will stop raising interest rates soon.”“.
He added: “The Fed’s hardline announcement late on Wednesday, December 14th put severe pressure on gold prices“.expected Commerzbank Gold falls to around $1,750 an ounce until it becomes clear the US interest rate hike cycle is over, as prices climb to $1,850 by the end of 2023..
