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Gold 21K Price Stable Dec 6
The price of 21-karat gold in Egypt today, Sunday, December 6, remains steady at 6,320 Egyptian pounds per gram after a week of fluctuation, which ended with a modest decline. The price of the gold scrap has decreased by 0.5% over the week due to the metal's failure to break through the resistance level at 6,400 pounds, with market movements also influenced by global price changes, expectations regarding the Federal Reserve's monetary policy, and the decline of the dollar against the Egyptian pound. Traders expect trading to resume in the upcoming week to determine the direction of gold prices.
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