After the rise in the price of gold today in Egypt, about 15 pounds, within the framework of the occasional moves that witnessed the price of 21 carat gold, which is the best -selling in Egypt, we publish during the following lines the developments of the price of gold in Egypt.
Gold prices today
The price of 24 carat gold: 5205 pounds
The price of 22 carat gold: 4772 pounds
The price of 21 carat gold: 4555 pounds
The price of 18 carat gold: 3904 pounds
The price of 14 carat gold: 3036 pounds
The US dollar index rose globally to its highest level in more than a week, making gold less expensive for buyers who use other currencies.
The strength of the dollar and improving the appetite for risk in financial markets after the recent geopolitical developments helped to decline in gold prices significantly this week, while the markets are awaiting the speech of the head of the Federal Reserve Bank, Jerome Powell.
Jerome Powell, President of the Federal Reserve, is scheduled to deliver a speech at the Jackson Hall symposium on Friday, providing more details about the federal reserve plans to reduce interest rates.
The strong inflation data for the producers issued last week caused an inaccessary of the next step for the FBI, which raised concerns about the inflationary effect of customs duties imposed by US President Donald Trump.
