The price of gold in Egypt Today, Tuesday, December 31, 2024
The global price of gold
Gold futures rose on Tuesday by 0.4% at 2627.50 dollars per ounce, but remained in a narrow and sideways range amid weak trading during the holidays with the absence of economic stimuli, compensating for some of the losses incurred in the previous session.
However, the precious metal has had a great year in 2024 overall, and is expected to end the year up by about 26%, reflecting a combination of US monetary policy easing and geopolitical tensions supporting safe haven demand.
The price of gold in Egypt
On the other hand, gold trading in Egypt on Tuesday is still in a very tight range due to market holidays and holidays, as the price of the 21st highest traded gold in Egypt is still trading near the levels of 3730 pounds.
The price of 24-carat gold in Egypt also recorded levels of 4263 pounds today, 18-carat gold is also trading at levels of 3197 pounds per gram.
Also, the dollar price in Egypt did not change much from yesterday, as the price of the goldsmith's dollar in Egypt recorded levels of 50.70 pounds today, and the dollar price inside official banks declined slightly today to trade near the levels of 50.89 pounds, with the dollar price in the parallel market inside Egypt at the levels of 51.20 pounds.
