Gold prices rise as profits surpass 60

Gold prices rose again during Friday's trading sessions on June 26th, with the ounce increasing by more than $60, leading to the price of 21-karat gold per gram reaching 5,780 EGP. This is up from a range of 5,700 to 5,730 EGP at market opening. The price of an ounce also reached $4,088, compared to yesterday's close of around $4,026, amid market anticipation of geopolitical developments and American economic indicators. The price of 24-karat gold per gram stood at approximately 6,605 EGP, and the gold pound was valued at 46,240 EGP, with variations in craftsmanship fees between different traders.

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