witnessed gold prices In the Egyptian market today, Thursday, October 7, 2021, local stability at levels of 770 pounds per gram of 21 karat, which is the best-selling in Egypt, with the global price of the yellow metal recording a price of $ 1762, after the price of gold fell yesterday to levels of 1748 dollars.
Gold price today in Egypt:
21 carat records 770 pounds.
Carat 18 records 660.25 pounds.
24 karat records 880.75 pounds.
The gold pound is 6160 pounds.
Gold settled in spot trading as investors awaited US jobs data, whose improvement would allow the Federal Reserve to begin reducing stimulus, a move one analyst expected could drop the metal’s prices to $1,725.
There was little change in gold in spot transactions, which recorded $ 1763 an ounce, by the opening of the European indices, while US gold futures rose 0.1 percent to $ 1764.10 an ounce.
The dollar settled near its highest level in a year, supported by inflation concerns and expectations that the Federal Reserve will take urgent action towards normalizing politics, which also prevented gold from rising.
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