Gold prices today in Egypt after raising the interest rate and the gram jumps 19 pounds

Gold prices jumped today in Egypt after the interest rate rose in America to operate prices locally, and the gram rose by 19 pounds today, Wednesday 21-9-2022 for the second day in a row, after the US Federal Reserve announced an increase in interest on the dollar amid anticipation of the results of the Central Egyptian meeting.

US Federal Reserve Chairman Jerome Powell said that inflation is still much higher than 2%, and added during a press conference a while ago: We are following a tight fiscal policy to reduce inflation.

gold is rising

And according to the new increases in gold prices today in Egypt after the interest rate hike, 21 carat recorded about 1146 pounds per gram, compared to its price in the middle of the day, which recorded 1127 pounds, not including workmanship, which is determined according to each caliber.

Al-Mal newspaper monitors gold prices today in Egypt on Wednesday 21-9-2022 in the following report:

The price of a gram of 24 karat gold (1310 pounds)

19 pounds, profits recorded by the price of a gram of 24 karat gold now, which is the highest price in Egypt in transactions now, to reach 1310 pounds, knowing that it is the lowest caliber formed in Egypt because its quality is higher.

The price of a gram of 21 karat gold (1146 pounds)

The price of a gram of gold today, 21 karat, like the rest of the bullets, has noticeably increased in transactions, reaching 1146 pounds; It is the most prevalent caliber in Egypt today.

The price of a gram of 18 karat gold (982 pounds)

And the price of a gram of gold today, 18 karat, rose, the lowest locally, to reach 982 pounds in trading; It is the best-selling caliber in Lower Egypt.

The price of the gold pound today (9168 pounds)

The price of the gold pound jumped today in Egypt to reach about 9168 pounds, and the pound weighs 8 grams of 21 karat, the most prevalent in both Upper and Lower Egypt, to win about 152 pounds per pound.

24 karat gold price per ounce

The price of an ounce of 24 karat gold rose about 40610 pounds, and an ounce weighs about 31 grams of 24 karat, the highest quality and least formed in Egypt.

The price of a kilo of 24 karat gold

The price of a kilo of 24 karat gold is about 1.310 million pounds today, and it weighs 1,000 grams.

And transactions on the International Metal Exchange closed with the price of an ounce of gold globally during today’s trading, recording about 1673 dollars.

And the Extra News channel reported, in a breaking news story, that the US two-year bond yields rose above 4.1% for the first time since 2007.

Earlier, the US Federal Reserve decided to raise the interest rate by 0.75% to 3.25%.

The inflation rate recorded a level of 8.3% in America in August 2022, which is a level that exceeds expectations.

The article is in Arabic

Tags: Gold prices today Egypt raising interest rate gram jumps pounds

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