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بوابة أخبار اليوم
Gold drops 35 Egyptian pounds midday
Gold prices in the local market decreased by about 35 Egyptian pounds per gram during midday trading on Friday, after rising by approximately 55 pounds earlier in the morning. This decline was influenced by movements in the global ounce price on international markets, the rise in the US dollar exchange rate, and market demand levels. The price of a gram of 21-karat gold reached around 6,355 pounds (excluding manufacturing costs), while prices for other gold karats ranged between 5,447 and 7,263 pounds. Globally, the ounce was valued at approximately $4,359. Markets continue to monitor geopolitical and economic developments that consistently impact gold prices.
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