Gold, silver prices rise in domestic market

Local Gold Rises EGP 40 Despite Global Ounce Decline.. Markets Await Fed Minutes and Egypt’s Central Bank Decision

Marsad Al Dahab reported that gold prices in the local market rose during Wednesday’s trading, despite a decline in the global ounce, pressured by a stronger U.S. dollar and higher U.S. Treasury yields. Investors are also assessing the impact of escalating tensions in the Middle East while awaiting the release of the U.S. Federal Reserve’s meeting minutes, in addition to the Central Bank of Egypt’s Monetary Policy Committee decision scheduled for Thursday.

Falling gold prices raise concerns over Ghana’s economic outlook

A recent decline in global gold prices is drawing attention from policymakers, investors and market analysts, amid concerns over the potential impact on Ghana’s export earnings, foreign exchange inflows and fiscal outlook. Gold, Ghana’s largest export commodity and a major source of foreign exchange, has come under pressure in recent weeks as investors reassess market []

Gold Fields: Where Long-Term Buyers Could Step In, A Gold-Industry Value

Gold Fields: Where Long-Term Buyers Could Step In, A Gold-Industry Value

Gold, silver prices up

Kathmandu, July 3: The price of gold and silver has increased in the domestic market today, the last trading day of the...

‘Upside potential’: World Gold Council counts on Asian buyers to curb price plunge

Asian markets are a growing force in gold price discovery as the metal remains sensitive to heightened geopolitical concerns and abrupt shifts in investor sentiment, according to the World Gold Council. Asian trading hours have been a key driver at gold price rebounds during the first half of the year, while the pullbacks tended to occur when US markets were open, according to the council’s global midyear outlook report published on July 1. “It showcased the growing relevance of Asian markets...