24 Hrs
Source:
اليوم السابع
Gold prices remain stable on August 14
The article discusses the stability of gold prices in Egypt today, Friday, August 14, 2026, following a previous decline due to profit-taking after gold globally reached its highest level since early June. The price of 21-karat gold today stands at 6,265 Egyptian pounds per gram, while the ounce price remains around 222,676 pounds. The local market is supported by the rise in precious metals worldwide, despite a retreat in the ounce price after reaching a peak above $4,400. The fluctuations in prices are attributed to geopolitical tensions between Iran and the United States and the decrease in inflation in the U.S., which diminishes the likelihood of interest rate hikes. These factors influence market expectations regarding the future direction of gold prices.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)