I registered Gold prices In Egypt, at the beginning of trading today, Thursday, the level was 3490 pounds per gram without workmanship, after recording levels that reached 3470 pounds per gram at the beginning of trading today, so that gold achieved an increase of 20 pounds, so that gold is close to breaking the level of 3500 pounds for 21 karat.
Gold price in Egypt:
24 karat records 3989 pounds.
21 karat records 3490 pounds.
18 karat records 2991 pounds.
Gold pound 27920 pounds.
The global price of gold continues to rise
rose Gold prices Global during today’s trading, Thursday, after recording its highest historical level during yesterday’s session, following the Federal Reserve’s significant reduction in interest rates to begin the cycle of interest rate cuts and monetary policy easing.
register gold ounce price Global rose during today’s session by 0.9% to record the highest level at $2,585 per ounce after opening today’s trading at $2,559 per ounce to currently trade at $2,582 per ounce, according to Gold Billion’s technical analysis.
Yesterday, gold witnessed great volatility due to market fluctuations following the Federal Reserve’s decision. It initially rose and recorded a new historical high of $2,600 per ounce before falling again to record this week’s lowest level at $2,546 per ounce and closing yesterday’s session at $2,559 per ounce.
The Federal Reserve began its rate-cutting cycle with a larger-than-usual 50 basis point cut on Wednesday, bringing interest rates to 5.00%, with Chairman Jerome Powell saying the big cut was meant to show the bank’s commitment to keeping unemployment low now that inflation has eased.
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