1 Day
Source:
بوابة أخبار اليوم
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Local gold prices climb despite global decline
Gold prices in the local market experienced a modest increase of about 15 Egyptian pounds per gram over the week, despite a $25 decline in the global ounce price. The price of a 21-karat gram closed at 6,325 Egyptian pounds, excluding craftsmanship fees, while the international ounce traded at $4,430. This comes after continuous losses for the second week due to American economic data that boosted expectations of tighter monetary policy. It is anticipated that upcoming inflation data and Federal Reserve decisions will influence gold prices in the coming period.
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