Gold prices rose today, Tuesday, for the first time in the Egyptian market, by two pounds, after a rise of 4 pounds, against the backdrop of the rise in the price of an ounce of gold globally to levels of 1808 dollars, which was reflected in the price of gold in Egypt to record 788 pounds per gram of 21 karat, with expectations More change in the price of gold in the Egyptian market.
Gold prices today in Egypt, 18 karat records 676 pounds per gram, 21 karat records 788 pounds per gram, 24 karat records 900.25 pounds per gram, the gold pound records 6304 pounds, and an ounce of gold records 1808 dollars.
The rise of gold today came as a result of the decline in the dollar and bond yields, after the mixed US jobs data came to calm investors' fears about an earlier tightening of monetary policy, which helped the yellow metal rise to break the barrier of 1800 dollars again.
Globally, gold prices broke an important resistance barrier, exceeding $1800 for the first time in nearly 3 weeks, after gold prices fell below this number with the announcement of the US Federal Reserve’s intention to raise interest rates by 2023.
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