Today, gold prices in Egypt recorded stability at levels of 812 pounds per gram, after a clear fluctuation and the rise and fall of prices more than once in today’s trading to fall, with the continued movement of gold in spot transactions.
And a gram of 18 karat gold recorded about 696 pounds per gram, and 24 karat reached a price of 928 pounds per gram, while the gold pound recorded a price of 6496 pounds, and an ounce of gold was 1895 dollars, “a spot price that changes all the time.
Gold moved within a narrow range during trading on Wednesday, June 9, as investors awaited more data on US inflation and indicators on monetary policy from the European Central Bank, while weaker Treasury yields provided some support for the yellow metal.
The benchmark 10-year US Treasury yields are hovering near the lowest level in more than a month, while the dollar index is flat.
And gold in the spot market rose 0.1% to $ 1893.80 an ounce by 05:24 GMT, and gold in futures trading in the United States rose 0.1% to $ 1896.60.
Tomorrow Thursday, traders will closely follow the European Central Bank meeting and the CPI report in the United States to know the direction of the Federal Reserve regarding monetary policy.
As for other precious metals, silver settled at $27.64 an ounce, palladium fell 0.1% to $2803.13, while platinum fell 0.1% to $1160.08.
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