Today's gold prices in Egypt: 21-karat gold at 5,800 pounds

Gold prices in Egypt slightly declined today at the start of trading, influenced by rising oil and dollar prices in the global market and growing concerns over inflation and higher interest rates following US strikes on Iran. The price of a gram of 21-karat gold, the most popular in Egypt, was 5,800 Egyptian pounds for selling and 5,750 pounds for buying, while the price of a gold sovereign (june) was 46,400 pounds. Globally, the price of gold increased by 0.5%, reaching $4,125.59 per ounce in spot transactions, while US gold futures contracts declined. Investors are now awaiting the Federal Reserve's meeting minutes for clues about the direction of monetary policy.

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