Tag 'gold price'

Gold breaks through the $2,100 barrier. Is it preparing for new price jumps?

Gold prices surged to $2,135 per ounce on December 4, 2023, before settling around $2,060, driven by a weakening U.S. dollar and expectations of lower interest rates from the Federal Reserve in 2024.

Continue ReadingGold breaks through the $2,100 barrier. Is it preparing for new price jumps?
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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