Gold prices rose globally during today's trading on Friday, October 11 towards the levels of 2645 dollars per ounce, continuing its gains since yesterday after mixed data from the US economy.
Headline inflation in the US slowed less than expected in September, while core inflation rose more than expected, halting recent progress towards easing price pressures.
There is still a chance for the precious metal to set another record this year as geopolitical tensions in the Middle East increase.
On the other hand, gold prices rose in Egypt Today, Friday, where the price of the 21st highest traded gold in Egypt is trading near the levels of 3577 pounds.
Today, 24-karat gold recorded levels of 4088 pounds, and 18-karat gold recorded levels of 3066 pounds per gram.
The dollar price in Egypt also rose within the official banks today near the levels of 48.62 pounds per dollar, with the dollar price rising in the parallel market inside Egypt, which recorded levels of 48.86 pounds per dollar.
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