We publish gold prices Today in Egypt, Wednesday, May 5, 2021, which recorded an average price of 780 pounds per gram of 21 caliber, which is the best-selling in Egypt, after several changes in prices at the close of yesterday’s trading, so that prices returned and stabilized at this level with the registration of an ounce. Gold worldwide $ 1778 an ounce.
Gold prices today:
Caliber 18 records 668 pounds per gram.
Caliber 21 records 780 pounds per gram.
Caliber 24 records 892 pounds per gram.
The gold pound today is 6240 pounds.
An ounce of gold is $ 1778.
The fluctuation in the price of gold is expected to continue, but it will remain in the next price channel 1770 to 1790 dollars, because the statements of US Treasury Secretary Janet Yellen on interest rates were not assertive about the interest rate hike, and Treasury Secretary Janet Yellen acknowledged yesterday, May 4, 2021, that America may It is forced to raise interest rates to maintain the booming growth of the US economy caused in part by trillions of dollars in government spending on stimulus.
“These are investments that our economy needs to be competitive and productive. I think our economy will grow faster because of them,” she added.
The US economy was already on fire, with first-quarter GDP growth reaching 6.4%, and Goldman Sachs recently said it expects second-quarter growth of around 10.5%.