1 Day
Source:
بوابة أخبار اليوم
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Gold dips midday with 21K down
Gold prices in the Egyptian market declined during mid-trading hours on August 3, 2026. The price of a 21-karat gram dropped by about 55 Egyptian pounds, reaching 5,825 pounds without manufacturing costs, compared to the opening value of 5,880 pounds. This decrease was due to a limited decline in global gold prices, along with a fall in the US dollar exchange rate against the Egyptian pound. Globally, the price of an ounce of gold hovered around $4,034 after fluctuating between $4,045 and $4,083 during the session, influenced by geopolitical and economic developments worldwide. Locally, the gold price is also affected by upcoming American economic data, which could lead to changes in the precious metal's price.
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