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اليوم السابع
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Gold price steady on July 4
Today, the price of gold in Egypt remained stable at the start of trading, with 24-karat gold maintaining the high levels reached after the recent rally. This comes amid stable global gold prices and investors waiting to see the market direction in the coming week. The price of 24-karat gold rose to approximately 6,731 Egyptian pounds, while 21-karat gold was around 5,890 pounds. The ounce price increased to about 209,347 pounds, supported by the stability of the US dollar against the Egyptian pound. The stable prices reflect the market’s focus on the movement of the ounce’s price and US interest rates, with expectations that gold will continue to hover near its current levels.
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