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The global decline affects locally.. Unexpected prices for gold in Egypt this Monday evening

 The global decline affects locally.. Unexpected prices for gold in Egypt this Monday evening

 We review with you the gold prices today
The price of gold fell this evening, Monday, June 27, 2022, after it achieved a rise at the beginning of today’s trading, and the price of 21 karat reached 1008 pounds, its price fell again, as it recorded “21” karat 1005 pounds.
The gold price today, Monday, June 27, 2022
The new gold price today in Egypt Gold prices witnessed a decline, after the rise recorded during last week's trading, after which gold witnessed a wave of decline since the beginning of this week.

And gold prices were recorded during today’s transactions, and 24 karat recorded a price of 1148 pounds (sell), and 1145 (buying), while 21 karat recorded a price of 1005 pounds (sell), and 1002 (buying), and 18 karat recorded a price of 861 pounds (sale) and 858 ( Buy), and the gold pound recorded a price of 8040 pounds (sell), and 8016 (buying).
Global gold price drop
Global gold prices fell, contrary to expectations, following the recent US Federal Reserve decision to raise the interest rate to 75 points last week.

While many financial market experts and investors expressed their concerns about growth, especially after the Federal Reserve raised the global interest rate to 75 points.

Today, Monday, June 27, 2022, the price of gold recorded a decrease in spot contracts by 0.15%, and an ounce recorded a price of $ 1824.82, and futures contracts recorded a decrease of 0.20%, to record an ounce of $ 1826.55, and this decline came after gold recorded positive trading at the beginning of today’s trading. .
The price of gold used in Egypt today
The price of gold used today in Egypt carat 24-1005 pounds.
The price of gold used today in Egypt is 22 carat - 980 pounds.
The price of gold used today in Egypt is 21 carat - 950 pounds.
The price of gold used today in Egypt is 18 carat - 825 pounds.
The price of gold in Egypt.. Live update click here
The price of gold used in Egypt on Sunday, June 26, 2022
The selling prices of used gold on Sunday in Egypt 24 karat: 1005 pounds.
I sell used gold on Sunday in Egypt, caliber 22: 980.
The selling prices of used gold on Sunday in Egypt 21 karat: 950.
The selling price of used gold on Sunday in Egypt 18 karat: 825.

The Central Bank of Egypt’s decision regarding the interest rate
The decline in the price of gold in Egypt came after the decision of the Monetary Policy Committee of the Central Bank of Egypt, on Thursday 23-6-2022, to fix the interest rate on deposits and lending overnight, and the price of the main operation of the Central Bank at 11.25%, 12.25%, and 11.75 %, respectively, and the Central Bank of Egypt decided to fix credit and discount rates at 11.75%.
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