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بوابة أخبار اليوم
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Gold prices drop again losing 60 pounds
Gold prices experienced a significant decline globally and in the local market today, Tuesday, July 28, 2026, with the price of a gram dropping by approximately 60 pounds due to movements in the ounce value on the global exchange and the exchange rate of the dollar against the Egyptian pound, as well as safe-haven demand. The price of a gram of 21-karat gold, the most requested, was around 5,880 pounds before shopmaking fees, compared to the previous level of 5,940 pounds. Additionally, the ounce in the global market fell to $4,030 after losing $46 during trading, amid market anticipation of signals from the U.S. Federal Reserve's Federal Open Market Committee meeting regarding future interest rates, which inversely affect gold prices.
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