Silver prices decline in Egypt and Saudi Arabia
Silver prices today in Egypt and Saudi Arabia have declined due to the negative performance of the global ounce, which lost over 5% in the international market. Markets are also awaiting developments related to geopolitical tensions in the Middle East, US inflation data, and the Federal Reserve's upcoming meeting. In Egypt, the price of a gram of 999-millimeter silver is approximately 123 Egyptian pounds, while in Saudi Arabia, it is 7.87 riyals for the same purity. It is expected that prices will move within a downward trend in both markets due to the strength of the dollar and rising bond yields.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)