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Gold surpasses $1090 in 30 days
Gold prices rose worldwide today, with the price of an ounce increasing by approximately $95.53, or 2.25%. The precious metal continued to strengthen over the past 30 days, gaining $109.36, or 2.65%. This performance comes amid ongoing investor interest in gold as a safe haven, as markets await developments in economic data and the impacts of U.S. monetary policies. Locally in Egypt, the price of 24-karat gold increased to around 6,903 Egyptian pounds per gram, while the 21-karat gold price rose to about 6,040 pounds, amid growing market interest driven by global gold price hikes.
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