94 Days
Source:
بوابة أخبار اليوم
Gold prices fluctuate during midday trading on July 17 across global markets
Gold prices in Egypt experienced a decline during midday trading on Friday, July 17, 2026, following an upward wave earlier in the day. The price dropped by about 25 Egyptian pounds per gram, influenced by fluctuations in global markets and investors' anticipation of upcoming geopolitical developments and U.S. economic data. The price of the 21-carat gram, the most traded, was approximately 5,775 pounds after rising to 5,800 pounds at the start of trading, compared to the market open at around 5,780 pounds. Globally, the price of one ounce of gold increased to $3,990, up from an opening of $3,976, oscillating between $3,959 and $4,008. The craftsmanship fee varies between 3% and 7% of the gram's price, depending on the purity and design of the jewelry. The market is influenced by international changes, with investors closely watching economic and political developments that could lead to future fluctuations in the precious metal's prices.
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