Gold in Egypt Holds Gains in Sideways Range on Dollar Strength

Gold prices in the Egyptian market are moving in a sideways range with an upward bias, holding on to last week's gains. This is linked to the rise in the dollar's exchange rate against the Egyptian pound, according to a technical analysis by the Gold Billion platform. One report added that a limited improvement in global gold prices also contributed.

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• Gold prices in the Egyptian market are moving in a sideways range with an upward bias, holding on to last week's gains.

  «تواصل أسعار الذهب في السوق المصري تحركها في نطاق عرضي يميل إلى الصعود، محافظة على المكاسب التي حققتها خلال الأسبوع الماضي»

  المصري اليوم
• The technical analysis issued by the Gold Billion platform linked this trend to the rise in the dollar's exchange rate.

  «كشف تحليل فني صادر عن منصة «جولد بيليون» أن أسعار الذهب في السوق المصري تواصل التحرك في نطاق عرضي يميل إلى الصعود»

  alamalmal
• In addition to the dollar, a limited improvement in global gold prices helped support prices.

  «إلى جانب التحسن المحدود في أسعار الذهب عالميا»

  مصراوي

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