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بوابة الفجر
Gold prices rise by 100 pounds in Egypt
The price of gold in Egypt increased significantly today, with the 21-karat gold reaching approximately 6,080 Egyptian pounds, a rise of 100 pounds from yesterday. This hike was influenced by the global rise in the price of an ounce of gold, which reached about $4,351. This increase reflects investors' growing interest in gold as a safe-haven asset amid global market fluctuations. Local gold prices depend on the global market trends and the exchange rate of the US dollar. It is expected that price fluctuations will continue in the coming period, influenced by the US monetary policy and international market movements.
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