After the US interest rate increase, gold prices in Egypt jump at the end of the day
The price of gold rose globally, after the US Federal Reserve’s decision to raise interest rates by 0.5% today.
And the price of gold in Egypt rose during the beginning of trading by about 55 pounds, so that the total increase in the price of a gram on Wednesday only was about 70 pounds.
The price of gold jumped today, Thursday, in Egypt, by the middle of trading, by about 45 pounds per gram, despite a slight fluctuation in the price of gold globally, according to what Nadi Najsi, Secretary General of the Gold Division at the Cairo Chamber of Commerce previously told Masrawy.
Gold prices today
The price of gold from 14 karat to 800 pounds per gram.
And the price of 18 carat gold was about a thousand pounds per gram.
The price of 21 karat gold was about 1200 pounds per gram.
The price of 24 karat gold reached 1371 pounds per gram.
gold pound price
The price of the gold pound was recorded at 9,600 pounds, and the price may vary from one dealer to another, and this price is equal to the value of gold in the pound, and its price is linked to the prices of a gram of 21 karat.
The price of gold today globally
The global price of gold rose during trading today, Wednesday, to 1900 dollars, compared to 1870 dollars an ounce, according to global stock prices, during the day, before the US Federal Reserve announced the interest decision.