to retreat gold price Today, Thursday, April 20, Egypt coined it slightly, against the background of the ounce’s decline globally, to 1997 dollars.
gold prices
The price of a gram of 18 carat gold fell today, Thursday, by about 4 pounds, to 2087 pounds, compared to 2091 pounds in the morning.
24 karat gold price
The price of 24 carat gold fell by about 5 pounds per gram, to 2783 pounds, compared to 2788 pounds this morning.
21 karat gold price
The price of 21 carat gold decreased by about 5 pounds, to 2435 pounds, compared to 2440 pounds per gram in the morning.
The price of the gold pound
Regarding the price of the gold pound, it fell 20 pounds to 19,480 pounds, compared to 19,500 pounds in the morning.
The ounce declined today, due to the tense state of certainty among investors regarding the US Federal Reserve’s decision in the next May 3 meeting, between raising interest rates and fixing them.
Higher-than-expected UK inflation data fueled a rate hike by the BoE at next months’ meeting, while markets also began pricing in the greater chance of further hikes by the Federal Reserve next month.
This drove up bond yields across the board, which affected non-yielding assets such asgoldand other minerals.
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