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Gold prices in Egypt today, Thursday, September 23.. 21 karat at 778 pounds per gram


Gold prices in Egypt witnessed today, Thursday, a slight and limited decline, with the continued fluctuation in the price of the precious metal on global stock exchanges, with US data on the possibility of an expected hike in interest next year, but the Evergrande crisis still casts a shadow over the markets and supported the rise of gold to levels of 1770 dollars.

 

Gold prices today, Thursday in Egypt

 

The price of 18 karat gold witnessed a decline from 669 pounds per gram to 668 pounds, and the price of gold today, 21 karat, recorded 778 pounds per gram, compared to 780 pounds per gram, while the 24 carat decreased from 891 pounds per gram to 889 pounds per gram, the gold pound was 6224 pounds.


global gold prices

 

The global gold market was likely to be strongly affected by the US Federal Reserve’s hints of a near hike in the US interest rate, which is now close to zero, as well as the Fed’s waiver of the stimulus program and bond purchases, this news could have plunged gold below $1750, but The debt crisis of the Evergrande, which exceeds 300 billion dollars, continues to cast a shadow over all global stock exchanges and financial markets.

 

The price of an ounce of gold globally is now recording $ 1770, and gold received support from the decline of the US dollar affected by large selling during the past hours due to the announcement of reducing the stimulus program, as the US dollar retreated from its highest level in almost a month, which it reached after the US Federal Reserve paved the way In front of raising interest rates next year, and improving sentiment in global markets encouraged dealers to sell the dollar.

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