World gold prices fell during today's trading on Wednesday near the levels of 2475 dollars per ounce, as we are waiting for US jobs data today and positive expectations, which may push gold to further declines, and we are also waiting this week for a series of US economic data to measure the size of the expected interest rate cut by the Federal Reserve this month, the most important of which will be government sector jobs data NFP.
On the other hand, gold prices in Egypt fell strongly today, with the 21st highest traded gold in Egypt on Wednesday, September 4, declining near the levels of 3370 pounds to buy.
The price of gold in Egypt has declined as a result of the decline in the global price of gold and also the decline of the dollar locally, as the price of the dollar in Egypt within Official banks has fallen to levels of 48.55 pounds per dollar, and the price of the dollar in the parallel market inside Egypt has also declined near the levels of 48.80 pounds per dollar.
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