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المصري اليوم
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المصري اليوم

2026-11-02T04:41:36.000Z

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Global Gold Prices Rise

Global Gold Prices Rise

Global gold prices rose at the start of trading on Monday, again topping $4,000 an ounce after losing about $130 on Friday. The moves reflect market volatility driven by U.S. monetary policy, interest rates, the dollar and geopolitical tensions. High interest rates weigh on gold, while lower rate expectations could ease that pressure. In Egypt, the price per gram was about 7,125 pounds for 24-karat gold, 6,235 pounds for 21-karat, and 5,344 pounds for 18-karat. The gold pound stood at 49,340 pounds. Local prices are influenced by the global price, the exchange rate, and supply and demand.

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