The value of gold this day in the instantaneous night trades

The value of gold this day witnessed the instantaneous shopping and selling in the local and global markets, amid the survival of gold high above 3630 greenbacks per ounce, and in Egypt the 21 -carat gold is shopping and selling around 4900 and focused on 5,000 kilos with the persisted global upward thrust.

Abdel -Al Salima, Vice -President of the Gold Division, said that the customary heights recorded by the yellow metallic globally in contemporary weeks deem the advise of anticipation in the markets of the US Federal Financial institution’s option on ardour rates, noting that gold has benefited strongly from expectations by reducing ardour thanks to this speak impact on the decline in the return on government bonds and the weak spot of the greenback.

Salima explained that the worldwide gold costs rose for the fourth week in a row, to file the assign of the ounce historically at 3674 greenbacks, an amplify of 1.6% all the draw thru the past week, after shopping and selling opened at 3591 greenbacks, and closed at 3643 greenbacks an oz.., and added that the dear metallic jumped since the starting up save apart of 2025 by about 40%, in one of the most greatest historical upward thrust waves.

Gold costs this day

24: 5600 kilos per gram

21: 4900 kilos per gram

18: 4200 kilos per gram

Gold pound: 39,200 kilos

The value of an oz.. of the worldwide gold increased all the draw thru the past week by 1.6% to file one of the best historical stage at 3674 greenbacks an oz.., after the week’s shopping and selling became opened at 3591 greenbacks an oz.. to shut the session remaining week at 3643 greenbacks an oz.., in step with the technical prognosis of Pelion’s leather.

Gold has increased for four consecutive weeks to file an amplify of 40% since the starting up save apart of 2025, after the rising quiz for gold in light of expectations that the US Federal Reserve is on its methodology to reducing ardour rates at its subsequent assembly.

Gold achieves a colossal advantage from reducing American ardour, because it reduces the assign of an different different for gold, since the decline in the return on government bonds and the decline in quiz for the greenback is mirrored positively on gold that does no longer present a return to its holders.