Gold prices in Egypt Today, Thursday, August 29, 2024

World gold prices rose during today's trading on Thursday near the levels of 2524 dollars per ounce, as prices are still near the historical peak at the levels of 2531.50 dollars per ounce, and we expect a slight correction towards the levels of 2513 and then 2500 dollars per ounce before rising and breaking through its historical peak and reaching the levels of 2550/60 dollars per ounce.

On the other hand, gold prices rose in Egypt Today, Thursday, August 29, as the 21st highest traded gold in Egypt recorded levels of 3455 pounds to buy this morning, up by ten pounds from its lowest levels yesterday.

Despite the continued decline in the dollar price in Egypt within the official banks levels of 48.72 pounds per dollar, the dollar price in the parallel market inside Egypt also declined near the levels of 48.97 pounds per dollar.

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