Gold prices in Egypt today, Wednesday, October 26, 2022, are seeing remarkable stability at the same gold trading opening levels as today, after prices have risen by around £ 8 and gold in Egypt has experienced a clear fluctuation in recent days between rising and falling due to market turmoil. gold Globally, as well as a change in the volume of gold supply and demand.
Gold prices today:
18 carats recorded 975 lbs.
Caliber 21 registered 1138 lbs.
24 record caliber 1300 lbs.
The gold pound is 9120 pounds.
21 karat gold price today
Gold prices today In the evening transactions there are 1138 pounds per gram of the main caliber in the gold market, as 21-karat gold in Egypt is the highest-selling caliber in the gold market in Egypt and 21-karat gold shifts about 8 pounds today.
Gold prices today, Wednesday, 18 karat
witness Gold prices today, Wednesday An 18-karat increase, which is the second-karat in terms of the volume of gold sales in Egypt, and 18-karat gold is spreading in the governorates which are seeing popularity in the tourist movement and tourist areas.
24-karat gold prices today … gold bars
The prices of metallic gold, 24 karat gold, are seeing high levels of 1,300 pounds per gram, which is reflected in the prices of gold bars in Egypt, where it is considered gold 24 karat is the caliber that makes up alloys in Egypt, and gold of this caliber is reaching record levels as the demand for alloys of varying weights in Egypt increases.
Gold prices on the world stock exchange
Sign in Wednesday gold price October 26, 2022, the highest level in two weeks, with dollar and US Treasury bond yields falling, amid expectations that the Federal Reserve will ease its interest rate hike starting December 2022, and spot gold transactions rose 1% to $ 1669.22 an ounce after hitting their highest price since Oct 13, and US gold futures contracts also rose 1% to $ 1673. 80 the ounce.
The drop in the dollar affects gold globally
The dollar extended its losses to reach its lowest level in more than a month against rival currencies, making gold less expensive for holders of other currencies, and 10-year US Treasury yields fell to the lowest level. in a week, and the Federal Reserve is still broadly expected a rate hike. Interest is 75 basis points as of November 2022.
The gold market is waiting for economic data
The focus now shifts to U.S. GDP data to be announced tomorrow Thursday, followed by U.S. core inflation data on Friday, which could provide a clearer picture of the path of the Federal Reserve’s interest rate hike, and the focus is on Thursday the meeting of the European Central Bank.
Prices of metals after the rise of gold
As for the other precious metals, silver was up 1.3% to $ 19.59 an ounce, platinum jumped 3.2% to $ 944 an ounce, and palladium was up by. 1% at $ 1943.13.
