24 Hrs
Source:
بوابة الفجر
_1777352244987_250242181.png&w=48&q=75){kind=small}
Egypt Gold Prices Reach 6115 Pounds
Gold prices in Egypt have risen significantly, with the 21-karat gold reaching approximately 6,115 Egyptian pounds after surpassing the 6,000-pound barrier for the first time in seven weeks. This represents a weekly gain of 2.7%, or about 160 pounds per gram. The boost was driven by a rise in global gold prices, which increased by 7.3%, reaching a seven-week high of $4,341, amid weak US economic data, a declining dollar, and lower Treasury bond yields. Additionally, central bank purchases of gold and increased investment demand contributed to higher interest in the precious metal. Prices are expected to continue rising if trading stays above the 6,000-pound level.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)