Today, Thursday, gold prices rose by around £25, reaching £1,410 per gram for 21 carats, which is the most popular price on the gold market, after yesterday’s sharp rise, bringing prices back to historic levels. of the movement in gold prices.
Gold prices today:
18 carats registered 1208 pounds.
21 carat registered 1410 pounds.
24 carat registered 1613 pounds.
The gold pound is £11,280.
The total increase in gold prices in Egypt today has reached £45 so far, compared to yesterday’s increase of around £35, as gold continues to post historic highs in the market.
And gold futures closed globally yesterday, as investors followed US economic data that showed deteriorating trading conditions, pointing to a slowdown in economic growth.
The minutes of the recent Federal Reserve meeting revealed that most bank officials supported the issue of slowing rate hikes soon, and by the end of trading, gold futures for delivery in December were up about $5.70, or 0.3%, to $1,745.60 an ounce.
The yellow metal was supported by the weakness of the US dollar, which fell by 0.9%, which helps to increase the attractiveness of gold for holders of other currencies.
