registered gold prices Today in Egypt, Friday 11 November 2022, the value of 1255 pounds per gram – at the time of writing – after the changes in gold prices on the world stock exchange on the rise ounce of gold $ 1700 to $ 1,760 levels due to changes in investor appetite for safe havens.
The gold market in Egypt has witnessed several developments in the past few hours, as the prices of the precious metal have risen to levels of 1235 pounds per gram of the main 21 karats, so prices have made their way up to levels of 1255. pounds per gram, bringing gold to its highest level since last May.
Gold price in Egypt:
18 carats recorded 1076 lbs.
21 caliber records 1255 lbs.
24 karat recorded 1434 lbs.
The gold pound is 10080 pounds.
Reasons for the rise of gold
Gold metal had its highest settlement price since the end of August on the global stock exchange, amid falling dollar and US Treasury yields, and gold prices rose following the release of US inflation data. which showed it slowed for a fourth consecutive month in October 2022.
According to data released today, the consumer price index rose 7.7% last month, compared to an 8.2% increase in the previous September and compared to an expectation of 8%. of the regulation, the prices of the yellow metal increased by 2.3%. , or $ 40, at $ 1,753.70 an ounce, the highest settlement price of the most active contract since August 25.
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