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اليوم السابع
Egypt gold prices hit mid-day high
Gold prices in Egypt have declined for the sixth consecutive week, reaching their lowest level since the start of the year at 5,970 Egyptian pounds per gram. This decrease was driven by a drop in the global price of an ounce and a decline in the US dollar exchange rate against the Egyptian pound. Over the week, the price fell by 3.36%, equivalent to 210 pounds, beginning at 6,250 pounds per gram and closing at 6,040 pounds. Since early June, the price of gold has decreased by 690 pounds per gram, amid a global downturn and stable dollar exchange rates in Egypt.
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