05:52 PM
Wednesday, March 6, 2024
Written by: Sherine Salah:
The price of gold jumped today, Wednesday, in Egypt by evening trading, and the gram increased by 150 pounds at once, compared to its level in the middle of trading, according to data from the Gold and Jewelry Division of the General Federation of Chambers of Commerce.
The price of the dollar in some banks exceeded 50 pounds for sale at midday trading, coinciding with the Central Bank raising interest rates.
The Central Bank of Egypt raised the interest rate by 6% at once on deposits and lending in an extraordinary meeting of the Monetary Policy Committee today.
The central interest rate rose after the increase to 27.25% for deposits and 28.25% for lending.
Gold prices today
14 karat gold prices rose to 2033 pounds per gram.
The price of 18 karat gold was about 2614 pounds per gram.
The price of 21 carat gold increased to 3050 pounds per gram.
The price of 24 karat gold recorded about 3486 pounds per gram.
The price of the gold pound
The price of the gold pound reached 24,400 pounds, and the price may vary from one merchant to another, and this price is equal to the value of gold in the pound.
Gold price globally
The price of gold rose globally to about $2,141 per ounce (an ounce is equivalent to about 31.1 grams of 24 karat gold), an increase of 0.61% during trading on Tuesday evening, according to the latest update of Bloomberg data.
You can follow gold prices today and around the clock via this service from Masrawy: gold prices