Gold prices in Egypt Today, Thursday, September 5, 2024

Global gold prices rose during today's trading on Thursday near the levels of 2515 dollars per ounce, as gold has risen since yesterday, especially after the release of US jobs data, which came against expectations and was strongly negative, and we are still waiting for next Friday, which will release the most important data this week, represented by government sector jobs data NFP, which will clarify the bigger picture by the Federal Reserve of the size of the interest rate cut expected this month.

On the other hand, gold prices in Egypt rose on Thursday, with the 21st highest traded gold in Egypt on Thursday, September 5, rising near the levels of 3390 pounds.

The 24-carat also recorded levels of 3825 pounds and also, the 18-carat gold recorded levels of 2905 pounds to buy.

The price of gold in Egypt has risen as a result of the rise in the price of gold globally, with the dollar price stable today in Egypt, where the dollar price in Egypt within Official banks recorded levels of 48.55 pounds per dollar, also the dollar price in the parallel market inside Egypt stabilized at levels of 48.80 pounds per dollar.

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