After reaching highs in the nighttime sessions, gold prices in Egypt resumed trading today, Saturday, October 5, 2022, on a stable basis, with a value per gramme ranging from Beit 2 to 3 pounds.
After rising by 3. 5 pounds during the evening workers, the price of a gramme of 24 karat gold was fixed at 1388 pounds per gramme.
A gramme of 21-carat gold was valued at 1215 pounds when it was stabilised, up 3 pounds from evening trade.
A gramme of 18-karat gold was trading for 1041 pounds when it was stabilised, up 2 pounds from evening sessions.
The price of the gold pound recorded and decorated 8 grams of 21 carat stability at 9720 genes after jumped in evening transactions at a value of 24 pounds.
Gold prices jumped more than 3% as the dollar fell against data that showed the high unemployment rate in the United States in October, and sparked optimism that the Federal Reserve would be less strict in raising interest rates in the future.
Although employers in the US hired more people than anticipated in October, the high unemployment rate of 3.7% points to a small deterioration in labour market conditions.
Gold increased in immediate transactions by about three percent to 1677. 67 dollars an ounce. In one week, the price of the precious metal jumped by 2.2%.
Gold prices in the Egyptian market today, Saturday, November 5, 2022 .. Go back to the altitudes
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