1 Day
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بوابة أخبار اليوم
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Gold falls 240 pounds per gram this week
Gold prices declined by 240 pounds per gram over the course of a week, due to a global drop in the ounce value to $4,155, an increase in international reserves, and a decline in the exchange rate against the Egyptian pound. By the end of the week, 21-karat gold was priced at 6,020 pounds, down from an initial value of 6,260 pounds, with an average spread between the selling and buying prices of about 50 pounds. The declines are also attributed to geopolitical developments, such as the conflict between the US and Iran, the US Federal Reserve's decision to hold interest rates steady, and the prevailing market uncertainty.
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