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اليوم السابع
اليوم السابع
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Gold prices in Egypt generally remained stable today, as markets reacted to the U.S. Federal Reserve’s decision to raise interest rates by 0.25%, bringing the rate to between 3.75% and 4.00%. Despite the rate hike, gold prices worldwide increased, nearing $4,345 per ounce, supported by Fed officials’ statements regarding the future monetary policy path and geopolitical tensions. These decisions influence gold prices through their impact on the dollar and bond yields. In the Egyptian market, gold bracelets range from 5,426 to 7,234 Egyptian pounds per gram, depending on the purity, with the price of the gold pound remaining steady at 50,640 pounds.
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