Gold prices in Egypt Today, Friday, August 2, 2024

World gold prices rose during the Asian trading period on Wednesday towards the levels of 2468 dollars per ounce, as the precious metal is currently the most purchased safe haven, especially after the Zionist entity's attack on southern Lebanon, and the assassination of Ismail Haniyeh, head of the Political Bureau of the Hamas movement in the Iranian capital Tehran.

And expectations of the expansion of the conflict in the Middle East after these strikes from the entity.

On the other hand, gold prices rose locally in Egypt during today's trading on Friday for the fourth day in a row, as the caliber of 21 exceeded the barrier of 3300 pounds since yesterday, and is currently trading at levels of 3330 pounds per gram.

It is worth noting that today we are waiting for US government jobs data in addition to unemployment rates and average wages, which will affect the global gold price and therefore its price in Egypt with the absence of local pricing factors, especially with the stability of the local dollar exchange rate.

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