The price of a gram of gold in Egypt now records 3150 pounds per gram

We publish prices gold In Egypt today, Thursday, March 21, 2024, where gold recently recorded an increase of about 40 pounds due to the rise in gold on the global stock market, and in the context of the following lines we monitor the developments in gold prices today in Egypt:

Gold prices today:

24 karat records 3600 pounds.

21 caliber costs 3150 pounds.

18 karat costs 2700 pounds.

14 karat is 2100 pounds.

The gold pound is 25,200 pounds..

Gold price now

The price of an ounce of global gold rose to record a new historical level today, Thursday, in light of a sharp decline in the dollar after the US Federal Reserve kept interest rates steady and indicated that it is still considering reducing interest rates this year.

The price of an ounce of international gold rose today by 0.8% to record the highest level in its history at $2222 per ounce after opening today’s session at the level of $2186 per ounce. At the time of writing the technical report for Gold Bellion, it was trading at the level of $2204 per ounce.

This comes after another rise during yesterday’s session by 1.3% following the Federal Reserve meeting, with gold registering a 2.3% rise since the beginning of the week.

The Federal Reserve kept interest rates steady at a range of 5.25% – 5.50%, but the bank members expected to cut them by 75 basis points by the end of 2024, unchanged from their last expectations last December, while the number of members voting to cut rates increased this meeting from the last expectations. .

In addition, the Federal Reserve raised its forecast for the inflation rate this year to 2.6% from its previous forecast of 2.4%, with the bank describing inflation at this meeting as still high.

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