24 Hrs
Source:
بوابة الفجر
_1777352244987_250242181.png&w=48&q=75){kind=small}
Egypt Gold Prices Drop Again
Gold prices in Egypt today experienced a significant decline, with the price per gram decreasing by about 50 Egyptian pounds. This decline is attributed to a 0.3% drop in the global ounce price and a decline in the US dollar against the Egyptian pound, despite factors that led to a 1.2% decrease in the local market over the past week. Despite this recent decline, projections suggest that gold prices may rebound in the near future, especially as investors await upcoming U.S. economic data and its potential impact on interest rates and the dollar. In July, gold achieved monthly gains, with the price of a 21-karat gram increasing by roughly 255 pounds, and global prices rose by 0.6%.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)