The price of gold nowadays within the instantaneous evening trades

The price of gold nowadays witnessed the instantaneous procuring and selling within the native and world markets, amid the survival of gold excessive above 3630 dollars per ounce, and in Egypt the 21 -carat gold is procuring and selling around 4900 and concentrating on 5,000 pounds with the persevered world upward thrust.

Abdel -Al Salima, Vice -President of the Gold Division, said that the authentic heights recorded by the yellow metal globally in most up-to-date weeks specialise within the impart of anticipation within the markets of the US Federal Monetary institution’s resolution on hobby charges, noting that gold has benefited strongly from expectations by lowering hobby thanks to this speak affect on the decline within the return on authorities bonds and the weakness of the buck.

Salima defined that the realm gold prices rose for the fourth week in a row, to story the label of the ounce historically at 3674 dollars, an operate bigger of 1.6% all thru the previous week, after procuring and selling opened at 3591 dollars, and closed at 3643 dollars an oz., and added that the precious metal jumped since the starting up of 2025 by about 40%, in surely one of the necessary largest historic upward thrust waves.

Gold prices nowadays

24: 5600 pounds per gram

21: 4900 pounds per gram

18: 4200 pounds per gram

Gold pound: 39,200 pounds

The price of an oz. of the realm gold increased all thru the previous week by 1.6% to story the wonderful historic stage at 3674 dollars an oz., after the week’s procuring and selling used to be opened at 3591 dollars an oz. to end the session final week at 3643 dollars an oz., essentially based mostly completely on the technical prognosis of Pelion’s leather.

Gold has increased for four consecutive weeks to story an operate bigger of 40% since the starting up of 2025, after the increasing quiz for gold in light of expectations that the US Federal Reserve is on its ability to lowering hobby charges at its subsequent meeting.

Gold achieves a broad support from lowering American hobby, as it reduces the label of an different opportunity for gold, in consequence of the decline within the return on authorities bonds and the decline in quiz for the buck is reflected positively on gold that would now not provide a return to its holders.