24 Hrs
Source:
اليوم السابع
_1777352142843_145525226.png&w=64&q=75){kind=small}
Gold stabilizes as global outlook awaits
Gold prices in Egypt remained stable today, Saturday, October 10, 2026, following gains on Friday prompted by the rise in the global ounce to $4,185. Markets are closely monitoring US interest rate movements and their impact on the dollar and gold. The price of 21-karat gold, the most traded, reached 6,140 EGP, while the global ounce increased by about 1.5%, approaching the $4,185 mark, supported by a weakening US dollar and lower US Treasury yields. A decline in local demand and exchange rate decreases are influencing gold prices in the Egyptian market, as investors await upcoming US economic data and Federal Reserve signals to determine the future direction of gold prices.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)