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Gold prices right now, September 7, 2022 in Egypt

We are releasing the latest gold selling price update nowadays, just after a single gram of 21-karat gold, which is the most effective-selling in Egypt, fell to 1106, in contrast to 1108 lbs per gram, and the world wide price tag of gold at the second. of the crafting of these traces was $ 1,692.

Gold prices nowadays:

21 carat documents 1106 lbs.

18 carat data 948 lbs.

24 karat records 1264 lbs.

And the gold pound is 8848 pounds

World wide gold rates

Gold charges fell Wednesday September 7 as dollar and Treasury yields rose soon after optimistic financial facts bolstered expectations that the US Federal Reserve will continue on to radically raise fascination costs.

Spot gold fell .5% to $ 1,692.99 an ounce by 03:30 GMT, following earlier falling to its least expensive degree in a 7 days, and US gold futures fell , 6% at $ 1,703.30.

The global gold current market awaits the GDP announcement in Australia, then the announcement of the trade balance in China, then the announcement of the Halifax Home Cost Index in Excellent Britain, then the announcement of the GDP of Germany, then the Eurozone GDP, hence the trade stability in The us.

Stable US company sector details strengthened the greenback and the dollar index jumped to its optimum amount in 20 several years, making gold extra high priced for abroad consumers.

Yields on 10-calendar year US Treasuries have risen to their best amount due to the fact June 16 amid anticipations that the Federal Reserve will continue on to elevate desire premiums and that better yields will enhance the possibility price of holding gold with no yields.

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