Today, gold prices in Egypt are seeing remarkable stability at £1700 per gram as the wave of turmoil in the market continues amid momentary moves in the metal’s price due to speculation and the markets are seeing disruption in the process. of gold price, which prompted some applications to determine the prices of gold to stop valuing the metal, as well as the main producing companies.
Gold prices today:
18 carats registered 1457 pounds.
21 carats registered £1,700.
24 caliber, 1947 pounds.
14 karat registered 1136 pounds.
The gold pound is £13,600.
registered gold prices The settlement price was highest in the ninth week of December after economic data revealed that America’s producer price index came in slightly higher than expected. At settlement time, gold futures were up by 0.5%, or $9.20, to $1810.70 an ounce, posting marginal gains of about 0.1% for the week.
Economic data revealed that the producer price index in America rose 0.3% in November month-on-month, beating analyst expectations by 0.2%. All eyes will be on the Federal Reserve meeting next week amid expectations that the bank will ease the pace of monetary tightening by raising interest rates by about 50 basis points.
Market participants’ expectations for a 50 basis point rate hike at the Federal Reserve’s December 13-14 policy meeting are now at 93%.
