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Gold prices today, Saturday, April 2, the first of Ramadan, and expectations for tomorrow

Global stock exchanges closed at the close of trading on Friday with a weekly loss in gold prices, and gold prices were affected by the drop in gold prices globally.
The drop in the price of a gram of gold in Egypt yesterday, Friday, is due to the drop in gold prices globally, in light of the stability of the dollar price.
Gold prices today, Saturday, in Egypt, April 2, 2022, the first day of Ramadan
Gold prices fell, affected by the drop in the global price yesterday, in light of the stability of the dollar in Egypt in light of the bank holiday.
The price of 24 karat gold in Egypt today is 1106 pounds.
The price of 24 karat gold today decreased by about two pounds from the prices on Friday evening.
The price of 21 karat gold today fell to 970 pounds.
The price of 21 karat gold fell today by about two pounds from the prices on Friday evening.

The price of a gram of 18 karat gold in Egypt today, Friday, 831 pounds.
Gold prices for the 18-karat type fell by about two pounds from prices on Friday evening.
Dollar prices today
Dollar prices are stable in banks in light of the banks’ licensing in Egypt, and the price in the National Bank of Egypt and Banque Misr reaches 18.24 for purchase and 18.34 for sale.
And the last dollar prices announced by the Central Bank amounted to 18.218 pounds for purchase and 18.317 pounds for sale.

The highest purchase price in banks is 18.27 pounds in Abu Dhabi Bank, while the highest purchase price is 18.37 pounds in the same bank.
The lowest purchase price for the dollar reached 18.20 pounds, and 18.30 pounds for sale in more than 10 banks.
The price of gold in Egypt rises with the rise in the price of the dollar locally.

Gold price forecast today and tomorrow
It is expected that gold prices will continue around their prevailing rates, and move in the range of about 5 pounds, up and down, in light of the weekly stock market holiday, the bank holiday today in Egypt, and the low demand for gold.

It is expected that the price of a gram of 24 karat gold today in Egypt ranges between 1101 and 1111 pounds.
It is expected that the price of a gram of 21 karat gold today in Egypt ranges between 965 and 975 pounds.
It is expected that the price of a gram of 18 karat gold today in Egypt ranges between 826 and 836 pounds.
Read also about the price of the dollar in Egypt

Global gold prices
Gold prices closed on a weekly loss for both futures and spot trading.
And gold prices for futures transactions lost only $ 25.35 at the close of trading on Friday, down 1.30%, to reach $ 1923.85.

And gold prices for direct trading fell at the close of trading yesterday, Friday, only 12.19 dollars, a decrease of 0.63%, to record 1925.18 dollars.
And gold futures prices lost last week, ending Friday, April 1, 33.9 dollars, from Friday, March 25, 2022.
And spot gold prices lost $33.02 last week, ending Friday, March 25, 2022.
Read also about gold price news
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The jobs data showed that 431 thousand jobs were added to the US economy instead of the 490 thousand jobs expected.
The unemployment rate rose to 3.6% versus expectations of 3.7%, which is a good sign.
The data showed that the unemployment rate fell to its lowest level in two years, to 3.6%.
The price of gold is now Saturday, April 2, the first of Ramadan, and expectations for tomorrow
The benchmark 10-year US Treasury yields and the dollar index rose, weighing on the price of gold.
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Average annual wages rose by 5.6%, compared to experts' expectations of a 5.5% increase.
426 thousand jobs were added in the non-agricultural private sector, compared to 480 thousand jobs.


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