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Source:
بوابة أخبار اليوم
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Gold prices increase by 60 pounds
Gold prices worldwide and locally rose today, Thursday, influenced by U.S. inflation data showing an increase in the Personal Consumption Expenditures (PCE) index, which led to a decline in U.S. bond yields. The price of an ounce increased by more than $35, reaching $4,033. Additionally, the price of 21-karat gold per gram in the local market rose to 5,710 Egyptian pounds, an increase of 60 pounds from the beginning of trading. The gains continued amid fluctuations in global and local prices, supported by a weakening dollar and declining U.S. yields, with expectations of extended support for gold prices in the short term.
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