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بوابة أخبار اليوم
Gold declines $20; 21-karat hits 6,330 EGP
Gold prices globally decreased by 20 dollars per ounce, reaching $4,429, amid market anticipation of geopolitical developments and economic data related to the Federal Reserve's monetary policy and its impact on interest rates. In the domestic Egyptian market, gold prices remained steady, with the 21-karat gram trading at approximately 6,330 Egyptian pounds, with slight variations in the craftsmanship margin, which ranges between 3% and 7%. The price of the gram declined by around 300 pounds over the past week due to fluctuations in expectations regarding U.S. monetary policy.
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