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بوابة الفجر
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Egypt gold prices keep rising
Gold prices in Egypt have risen significantly, with the price of a gram of 24-karat gold reaching around 7,086 Egyptian pounds and 21-karat gold approximately 6,200 pounds. This has caused the price of a gold sovereign to reach about 49,602 pounds, an increase of 2,163 pounds since the beginning of the month. This increase occurs amid ongoing global gold price rises, surpassing $4,300 per ounce, while markets await U.S. inflation data and its impact on monetary policy and gold prices. The situation is also compounded by uncertainty and geopolitical tensions, which support the surge in the precious metal.
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