1 Day
Source:
بوابة أخبار اليوم
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Mid-day shift in local gold prices
Gold prices in the local market moved modestly today, recording an increase of about 10 Egyptian pounds per gram compared to the opening of trading. This follows a drop of approximately $146 yesterday due to the strength of the dollar and rising U.S. bond yields. Additionally, the price of 21-karat gold is near 6,460 Egyptian pounds excluding manufacturing costs, while the international price of an ounce of gold stood at $4,329, influenced by American economic data indicating an improvement in the labor market. This could impact the Federal Reserve's decision regarding interest rates.
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