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Gold Price Fluctuations Affect Egypt Trading
The article discusses the rise in gold prices in Egypt, where the price of a gram of 21-karat gold reached approximately 6,615 Egyptian pounds at the beginning of the week, up from around 6,300 pounds in mid-August. Experts have pointed out that prices may continue to increase in the coming period. The increase in gold prices is attributed to geopolitical developments and international instability, with the local market being affected by price fluctuations. Experts encourage buying opportunities during price dips, as the recent upward trend is expected to continue but at a slower pace. Despite a slowdown in investor interest in heavily investing in gold compared to previous periods, ongoing global tensions and high public debt continue to support its rise.
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