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بوابة أخبار اليوم
Local gold price rises 190 pounds per gram
Gold prices in the local market experienced a weekly increase of 190 Egyptian pounds per gram, supported by a rise in the global gold price after trading closed with gains of $297. This comes amid anticipation of developments in geopolitical situations and American inflation data. The price of 21-karat gold, the most popular type, reached 6,120 pounds by the end of the week, up from 5,930 pounds at the beginning of the week. Meanwhile, global gold ounce prices rose to $4,342 from $4,045 at the start of the week. The gains were driven by several factors, including the rise in global markets, expectations of continued geopolitical tensions, stable U.S. interest rates, and ongoing investor concern over inflation waves and economic developments.
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