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Gold prices slightly down after Fed rate hike

Updated 9/17/2026 11:54:00 AM
 Gold prices slightly down after Fed rate hike

Arab Finance: Gold prices went down on Thursday, September 17, as the US Federal Reserve raised its benchmark interest rate by 25 basis points to a target range of 3.75% to 4%.

The international ounce was priced at $4,312.9 for buying and $4,312.2 for selling.

In Egypt, the 24-karat price recorded EGP 7,210.01 for purchase and EGP 7,135.64 for sale, according to Dahab Masr data at 11:45 AM.

Meanwhile, the 21-karat gold hit EGP 6,309.39 for buying and EGP 6,244.31 for selling.

The 18-karat gold amounted to EGP 5,408.05 for buying and EGP 5,352.27 for selling.

Gold coin reached EGP 50,475.12 for purchase and EGP 49,954.48 for sale.

 

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