22 Hrs
Source:
الاقتصادية
Egypt Gold Prices Today 21K at 6140 EGP
Gold prices in Egypt experienced relative stability at the start of today's trading. The price of the 21-karat gold, which is preferred by Egyptians, was 6,140 Egyptian pounds for sale and 6,100 pounds for purchase per gram. Globally, the price of gold declined by 0.3% to reach $4,128.69 per ounce, due to the rise in the dollar and U.S. Treasury bond yields. Expectations indicate that the Federal Reserve will not raise interest rates in October, although there is an 87% chance of a rate increase in December. These outlooks suggest that higher interest rates could increase the opportunity cost of holding gold.
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