1 Day
Source:
مصراوي
_1777352244987_250242181.png&w=64&q=75){kind=small}
_1777352142843_145525226.png&w=64&q=75){kind=small}
Gold Pound Hits EGP 50K
The gold pound in Egypt reached 50,000 Egyptian pounds on Monday, November 9, 2026, while 21-karat gold rose to 6,250 pounds, up 25 pounds from the previous day. This coincided with a 1.4% rise in the global gold price to $4,123.46 an ounce. The gains were supported by declines in the dollar and oil prices, which eased inflation concerns, while the stability of the local exchange rate limited price fluctuations. However, strong U.S. jobs data, showing 165,000 jobs added, strengthened expectations of an interest-rate hike in December. Gold’s continued recovery remains dependent on upcoming U.S. inflation data.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)