9 Hrs
Source:
بوابة أخبار اليوم
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Gold drops $149 per ounce Saturday
During the week's trading sessions, gold prices experienced significant losses, with the ounce dropping by about $150, closing at $4,455. This decline was influenced by rising U.S. bond yields and expectations of no interest rate cuts. Locally in Egypt, the price of a gram of 21-karat gold remained steady at around 6,350 Egyptian pounds, after decreasing by approximately 130 pounds. Meanwhile, the global gold ounce hovered around $4,455. The craftsmanship fee varies among traders, typically increasing by 3-7% of the gram's price, and is affected by the type of purity and the amount of work involved.
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