21 Hrs
Source:
المصري اليوم
Source: المصري اليوم
21 Hrsالمصري اليوم
Source: المصري اليوم
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Gold prices in the Egyptian market experienced a 0.33% increase over the past week. The price of 21-karat gold per gram closed at 6,150 EGP, up from 6,130 EGP, with the highest level reaching 6,155 EGP. This rise was driven by a 1.3% increase in the global ounce price, which closed at $4,194, after previously dropping to $4,066. The change reflects the impact of fluctuations in oil markets, the US dollar, and bond yields, which have increased gold's attractiveness despite pressures from rising bond and dollar yields. The Egyptian market remains volatile, and the future of gold prices continues to be linked to global ounce movements, the dollar exchange rate, and bond yields, with a global support level at $4,100 and resistance at $4,200.
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