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 Gold prices today



 Instability and extreme volatility recorded by the price of gold globally, with a decline in gold prices today, Thursday, 7-14-2022, after its rise yesterday in the goldsmiths market; Against the backdrop of the decline in the price of an ounce today and the loss of about $12 an ounce in the trading of the International Metal Exchange on the fourth day of its trading, as investors resorted to selling to invest in US bonds.
The price of gold fell this morning, losing 5 pounds of its value, to reach the price of a gram of 21 carat, the most prevalent in the Lower and Lower Egypt, now about 998 pounds per gram, compared to its price yesterday, which recorded 1003 pounds, not including the workmanship that varies from one caliber to another according to the assortment.
In the following report, the “Al-Mal” website monitors gold prices today in Egypt, Thursday 7-14-2022

The price of a gram of 24 karat gold (1,142 pounds)
The price of gold is still fluctuating downward and upside down, as the price of a gram of 24 carat gold today in Egypt has decreased significantly, and recorded 1142 pounds, which is the highest price in Egypt because its quality is higher.

The price of a gram of 21 karat gold (998 pounds)
While the price of a gram of gold today, 21 karat, fell due to the drop in an ounce of gold today globally, to reach 998 pounds; It is the most prevalent caliber in Egypt currently and the highest selling in the market.

The price of a gram of 18 karat gold (855 pounds)
Today, the 18-carat gram of gold witnessed a new decline this morning, to record the lowest local price of 855 pounds in trading; It is the best-selling caliber in Lower Egypt.

The price of the gold pound today (7984 pounds)
The price of the gold pound today in Egypt lost about 40 pounds, to decline and record about 7984 pounds, while the weight of the pound reaches 8 grams of 21 karat, the most prevalent in both Upper and Lower Egypt.

24 karat gold price per ounce
The price of an ounce of 24 karat gold fell to about 35412 pounds, and an ounce weighs about 31 grams of 24 karat, the highest quality and least formed in Egypt.

The price of a kilo of 24 karat gold
The price of a kilo of 24 carat gold fell to about 1.142 million pounds today, and it weighs 1,000 grams.

Gold futures are down during the US session.

According to Comex's rating of the New York Mercantile Exchange, gold futures were traded in August at USD1,708.40 per ounce at the time of writing, down 1.56%.

The session has already traded down USD1,695.05 per ounce. Gold may find points of support at USD1695.05 and resistance at USD1751.70.

The dollar index, which measures the performance of the US currency against a basket of six other major currencies, rose 0.64% to trade at USD108.45.

Meanwhile on Comex, silver for September fell 4.39% to trade at USD18.35 per ounce while copper for September fell 2.73% to trade at USD3.23 per pound.
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