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Gold prices today, Tuesday 18 October 2022 in Egypt

Gold prices recorded a drop in morning trades of £ 5 today on Tuesday at the time of writing these lines, as gold trades opened, and the price of gold today registered a level of 1110. pounds per gram of 21 carats, which is the best-selling in Egypt, while the local gold market has seen several major changes in recent days to register Prices fluctuate between highs and lows.

Gold prices today:

18 caliber 950-pound records.

21 records of caliber 1110 lbs.

24 carat record 1270 lbs.

The gold pound is 8810 pounds.

Globally, gold prices rose, buoyed by buying, after the steep drop in the previous session, and the dollar’s rally stalled, despite the US Federal Reserve’s imminent rate hike limiting the rate. attractiveness of GMT gold.

Prices fell more than 1% last week and recorded their largest weekly decline since July, US gold futures rose 0.4% to $ 1656, and the dollar index fell by 1. 0.1%, easing some pressure on dollar-priced gold.

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