14 Hrs
Source:
بوابة أخبار اليوم
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Gold prices fall sharply on September 28
On September 28th, gold prices experienced a sharp decline both globally and locally, with the loss per gram dropping by more than 130 Egyptian pounds due to the impact of the dollar exchange rate and decreased demand. The price of a 21-karat gram, the most traded purity, ranged between 6,095 and 6,100 pounds excluding craftsmanship fees, compared to 6,230 pounds previously. Meanwhile, the price of an ounce of gold fell to $4,152 from $4,286 at the beginning of the week. Over the past week, gold prices decreased by approximately 150 pounds per gram, and the ounce price dropped by 92 dollars, driven by geopolitical and economic developments and their effects on the precious metal market.
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