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صدى البلد
Gold prices rise on Thursday
Gold prices in Egypt increased significantly today, with the price of a gram of 21-karat gold reaching approximately 5,940 pounds for selling. This rise was driven by global price increases, which hit their highest level in seven weeks at around $4,300 per ounce, due to the decline of the dollar and falling U.S. Treasury bond yields. Additionally, there are growing expectations of reopening the Strait of Hormuz. This increase represents one of the largest gains in months and underscores the connection between local gold prices and global factors, continuing to attract investors amidst the current economic conditions.
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