Central BanksHigh impact
Gold prices rise EGP 135 over past week as global rally lifts local market
Dailynewsegypt·13 hours ago·Global·1 min read
Source: Dailynewsegypt
Gold prices in Egypt recorded a strong weekly increase, supported by a sharp rally in international bullion markets after weaker-than-expected US labour market data fuelled expectations that the US Federal Reserve could adopt a less restrictive monetary policy, according to a technical report issued by online gold and jewellery trading platform iSagha.
The report showed Gold prices in Egypt recorded a strong weekly increase, supported by a sharp rally in international bullion markets after weaker-than-expected US labour market data fuelled expectations that the US Federal Reserve could adopt a less restrictive monet... [4894 chars]
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