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Gold Prices Surge by EGP 105 in Local Markets Over a Week
Summary by Sada El Balad
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Gold Prices Surge by EGP 105 in Local Markets Over a Week
Gold prices in local markets rose by 2.1% last week, driven by a 2% increase in the global price per ounce. This was fueled by rising global demand for safe-haven assets, escalating geopolitical tensions, and growing expectations for a cut in U.S. interest rates, according to a report by "iSagha," a platform specializing in gold and jewelry trading.
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