1 Day
Source:
اليوم السابع
_1777352244987_250242181.png&w=48&q=75){kind=small}
Egyptian gold prices fall further
Gold prices in Egypt today saw a significant decrease due to the decline in the global market. The 24-karat gold reached approximately 7,006 Egyptian pounds, while the 21-karat gold was around 6,130 pounds. The downward trend continues amid pressures stemming from expectations of an American interest rate cut and the plunge in the price of the ounce, which could drop to levels as low as $3,500 by September. Additionally, inflation in the United States rose to 4.2% in May 2026, fueled by increased energy and food prices and ongoing geopolitical tensions.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)