Tag 'Gold prices'

Weekly Gold Analysis - Third Week of May 2024

 

Gold Takes a Breather in Week 3 of May 2024

Global gold prices dropped by $80, settling at $2,334.2 per ounce, influenced by the Fed's concerns about prolonged inflation. India boosted its gold purchases, contrasting with Western investors selling gold ETFs. Local 21-carat gold prices fell to 3,140 EGP/gram.

Continue ReadingWeekly Gold Analysis - Third Week of May 2024
Dahab Masr team’s technical analysis and vision for gold prices in 2024

Gold glistens with promise in 2024! Prices poised to climb, with analysts charting a path to $2133 and beyond. Egyptian 21-Karat primed to settle over 3000 L.E. Dive in for the full golden forecast.

Continue ReadingDahab Masr team’s technical analysis and vision for gold prices in 2024
Gold prices in Egypt rise by 55 pounds

Gold reacts to the current geopolitical situation by jumping over the 2200 EGP per 21K gram limt. And keeps moving forward

Continue ReadingGold prices in Egypt rise by 55 pounds
CEO of Dahab Masr :

CEO of Dahab Masr, Dr : Fady Kamel on his interview with Bloomberg "Gold prices will rise further in light of the state of instability around the world"

CEO of Dahab Masr, Dr : Fady Kamel to Bloomberg: The gold markets will witness more price breaches to new levels. " The state of instability in the world may push gold to exceed $2,300 per ounce"

Continue ReadingCEO of Dahab Masr :"Gold prices will rise further in light of the state of instability around the world"

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