10:26 PM
Thursday 15 December 2022
I wrote – Sherine Salah:
Gold prices moved higher in Egypt today, Thursday, as trading began, and the gram is up £50 from yesterday’s prices, despite the metal’s global decline.
And the US Federal Reserve announced on Wednesday that it raised interest rates for the seventh time this year, and the rate of increase was 0.5%, in line with expectations, so that the interest rates would be between 4.25% and 4.5%. .
Yesterday’s decision means reducing the pace of interest rate hikes initiated by the Federal Reserve (the central bank of the United States) since last March.
Gold prices today
The price of 14-karat gold has risen to £1133 per gram.
The price of 18-karat gold has risen to £1457 per gram.
The price of 21-karat gold has risen to £1,700 per gram.
And the price of 24-karat gold has risen to £1,943 per gram.
The price of the gold pound
The price of the gold pound has risen to £13,600, and the price can vary from one dealer to another, and this price is equal to the value of the gold in the pound.
The global price of gold
Global gold prices fell in early trading hours on Thursday to around $1,792 an ounce, a drop of 0.80%, according to data from the Bloomberg agency.
You can follow gold prices today and around the clock through this service from Masrawy: Gold Prices
