98 Days
Source:
المصري اليوم
Gold crash alarms investors sector chief warns against selloff
Gold prices have declined both locally and globally during this period, with the price of a 21-karat gram reaching approximately 5,680 Egyptian pounds, the lowest favorable level for buying and investing. The head of the Gold Division advises against selling unless necessary, considering the current time a good opportunity for those planning to marry and investors to benefit from the price drop, amid uncertainty about future market trends. The decline is attributed to rising U.S. interest rates, the strength of the dollar, and geopolitical influences.
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