Today, Sunday, June 13, gold prices in Egypt witnessed remarkable stability for all calibers traded in the market, in conjunction with the weekly holiday for the goldsmiths market in Egypt, as well as the international stock exchanges, where trading stops on the precious metal and currencies on Saturday and Sunday of each week.
And 21 karat gold, which is the best-selling in Egypt, recorded 807 pounds per gram, after its decline at the end of trading sessions this week from 810 pounds per gram, against the background of the drop in global prices to levels of 1876 dollars per ounce.
Gold price in Egypt:
24 karat record 922.25 pounds.
21 caliber record 807 pounds.
Carat 18 recorded 691.75 pounds.
The gold pound is 6456 pounds.
An ounce of gold is 1876 dollars.
Gold prices witnessed this week fluctuations and clear fluctuations in the trading sessions, after we witnessed events that affected the course of trading, including that the Standard & Poor’s 500 index reached its highest levels ever after the consumer price index “inflation” in America rose more than expected, and inflation rose by 5 % in May, the largest increase since August 2008, pushing US bond yields to three-month lows.
The European Central Bank kept key interest rates unchanged at its last meeting, as well as the emergency bond purchase program and the program is expected to continue at least until the end of March 2022.
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