4 Hrs
Source:
المصدر
Egypt Gold Up 45 Pounds
Gold prices in Egypt rose by 45 pounds during midday trading on Monday, with 21-karat gold reaching about 6,250 pounds per gram. The price of 24-karat gold stood at around 7,143 pounds, while 18-karat gold reached about 5,357 pounds. Globally, the ounce rose by $55 to around $4,126, moving above the $4,100 mark. The increase was supported by a weaker dollar and lower U.S. Treasury yields, as well as falling oil prices that eased inflation concerns. Investors were also awaiting U.S. inflation data, while fears of an escalation in the confrontation between the United States and Iran subsided.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)