Saturday 07/December/2024 – 09:59 AM
Prices fell gold Today, Saturday, December 7, 2024, at the beginning of morning trading, at about 5 pounds per gram, as the price of the most common gram of 21 carat gold was recorded at about 3685 pounds instead of 3690 pounds.
Gold prices today in Egypt
Price of a gram of 24 karat gold
The price of 24 karat gold was about 4211 pounds.
Price of a gram of 21 carat gold
The price of a gram of 21 carat gold was about 3,685 pounds.
18 karat gold price
The price of 18 karat gold was about 3,159 pounds.
14 karat gold price
The price of 14 karat gold was about 2,450 pounds.
The price of the gold pound
The price of the gold pound recorded about 29,480 pounds.
Gold price globally
The global price of an ounce reached $2,633.
Financial markets currently expect the Federal Reserve to reduce interest rates by 25 basis points during its last meeting this year, scheduled for December 17-18, with a 70% probability. They also place a 30% probability that the Federal Reserve will keep interest rates unchanged.
Federal Reserve Chairman Jerome Powell said on Wednesday that the US economy is stronger than it appeared in September when the central bank began cutting interest rates, allowing monetary policymakers to be more cautious with the future path of interest rate cuts.
