15 Days
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المصري اليوم
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Global gold prices fall amid upcoming surprises
Gold prices worldwide declined today, Monday, to $3,995 per ounce, amid a state of caution in global and local markets, with geopolitical tensions continuing and energy prices rising. In the Egyptian market, the price of 21-karat gold remained steady at 5,855 pounds per gram, following a recent increase of about 15 pounds per gram, with expectations that prices will be influenced by global market movements and regional developments. Analysts believe that gold will remain a safe haven if tensions persist, but they also note the potential for short-term fluctuations, with prices possibly rising to $5,000 or $6,000 per ounce if global crises escalate.
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