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بوابة أخبار اليوم
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Gold remains steady ahead of US inflation data
Gold prices declined today, Friday, in the global market by about $3 per ounce, reaching approximately $4,313. This comes amid anticipation of U.S. economic and inflation data, which could influence the Federal Reserve's decisions regarding interest rates. In the local market, the price of 21-karat gold per gram remained steady at around 6,250 Egyptian pounds, after dropping about 60 pounds yesterday. Expectations remain that manufacturing fees will continue to rise, ranging between 3% and 7%, depending on the karat. This occurs amid a market trend to monitor geopolitical developments, including the Iranian conflict and its impact on both global and local gold prices.
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