witnessed gold prices Today, Friday, July 23, a limited decline of 3 pounds in today’s trading, with a limited movement in the global price of an ounce of gold to record a level below 1798 dollars at the time of writing these lines, with continuous changes in International gold prices As a result of continued trading.
Gold prices today
21 caliber recorded 787 pounds
18 caliber recorded 675 pounds
24 caliber record 900 pounds
The gold pound is 6296 pounds
An ounce of gold is $1,798
Gold prices fell, heading towards incurring losses as a result of the dollar’s gains and the recovery of US Treasury bond yields, which cast a shadow on the metal’s attractiveness as a safe haven, amid concerns about the rapidly spreading mutating delta from the Corona virus.
The US dollar approached its highest levels for the year and bonds continued to climb, as rapid delta spread, not inflation, became the main concern for investors, and benchmark US Treasury yields rebounded from their lowest level in more than five months.
An increase in the dollar or bond yield leads to a fall in the price of gold in global markets, and this is reflected in the price of gold in Egypt.