23 Hrs
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اليوم السابع
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Gold hits 21-karat high in evening
Gold prices in Egypt decreased today by about 20 pounds per gram, with 21-karat gold priced at approximately 6,300 pounds. This decline was influenced by the drop in the global ounce price, which fell below $4,400, along with movements in the international market. The recent decline follows significant fluctuations last week and is affected by the stability of the US dollar exchange rate, which settled around 51 pounds after rising to 51.40 pounds, as well as international tensions and the Iranian war impacting hot money flows. Experts expect gold prices in the coming period to be influenced by changes in the global ounce price and the local US dollar exchange rate, as traders closely monitor global market movements and currency rates to determine the upcoming trend.
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