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Gold advisor predicts $5,000 an ounce by year-end
A consultant from the Gold and Mining Division at the Federation of Industries predicts that gold prices worldwide will continue to rise, reaching an ounce price of $5,000 by the end of 2026, with no expectation of a correction down to $4,000. He indicated that prices will experience fluctuating increases, rising by $100, then falling by $20 before continuing their upward trend. Gold prices in Egypt have increased notably, with the 21-karat gold reaching approximately 6,120 Egyptian pounds, influenced by the global rise in gold prices to around $4,348 per ounce.
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