At the start of trading today, Friday, gold prices in Egypt stabilised after the price of the metal increased by about 65 pounds as a result of the central bank’s decision to liberalise the exchange rate, the rise in dollar prices in Egyptian banks close to the level of 25, and the most well-known record of 1200 pounds per gramme.
24 karat gold is valued at 1371. 5 pounds per gramme.
21-carat gold is currently selling for 1200 pounds per gramme.
18 carat gold is currently 1028 dollars per ounce.
1 pound = 5 pounds.
The current price of one pound of gold is 9600 pounds.
December saw a 0. 22% decline in gold futures trading at USD1,665.55 per ounce.
The $1,658.60 ounce fell. Support for gold could be found at USD 1621. 10 and resistance at USD 1679. 40.
The dollar index futures increased 0. 74% to trade at USD110, measuring the performance of the US dollar versus a basket of six other important currencies.
In the meantime, the December silver price decreased by 0.9% to trade at USD19.
Copper’s price for December decreased by 0. 68% to trade at USD3. 52 for a pound, while it was valued at 47 for an ounce.
Today, Friday, October 28, 2022, gold prices in Egypt
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