US dollar drives gold to a 3-week high in Egypt
Why This Matters
Key context: <p>The Gold and Precious Metals Division of the Federation of Egyptian Industries announced that gold prices in the local market rose by 1.63 percent during last week’s trading. 21 karat gold, the most widely traded type in Egypt, reached its highest level in three weeks, bolstered by the rise of the dollar exchange rate against …</p> <p>The post <a href="https://www.egyptindependent.com/us-dollar-drives-gold-to-a-3-week-high-in-egypt/">US dollar drives gold to a 3-week high in Egypt</a> appeared first on <a href="https://www.egyptindependent.com">Egypt Independent</a>.</p> This development from egyptindependent.com highlights ongoing changes in the sector.
The Gold and Precious Metals Division of the Federation of Egyptian Industries announced that gold prices in the local market rose by 1.63 percent during last week’s trading. 21 karat gold, the most widely traded type in Egypt, reached its highest level in three weeks, bolstered by the rise of the dollar exchange rate against … The post US dollar drives gold to a 3-week high in Egypt appeared first on Egypt Independent.
Curation & Context
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