4 Days
Source:
مصراوي
Source: مصراوي
4 Daysمصراوي
Source: مصراوي
4 DaysReady to play
Ready to play
The price of 21-karat gold in Egypt rose by about 0.9% in October, from 6,145 to 6,200 pounds, despite a 7.2% decline in the global price of an ounce to around $3,876. The divergence was mainly due to the dollar’s roughly 7.1% rise against the pound, which cushioned the impact of the global drop on local prices. Globally, a stronger dollar and expectations that interest rates would remain high weighed on gold. A sell-off in assets on October 30 deepened the decline as investors liquidated positions to raise cash.
Notice: This Is an AI-Generated Summary
Comments (0)