Tax Authority prepares comprehensive guide on exported services: Abdel Aal    Fotouh Al-Kuwait to build EGP 86m packaging factory in Sokhna Industrial Zone    Egypt-Greece trade exchange falls to $1.6bn in 2024: CAPMAS    Egypt expresses deep concern over India-Pakistan developments, urges restraint    Egypt, Greece sign strategic partnership in Athens, hold 1st cooperation council    Minister of Health discusses strengthening healthcare partnership with AFD    CMA CGM hopes to resume full Suez Canal transit as Red Sea security improves    US, China to hold high-level trade talks in Switzerland    Asia-Pacific stocks mostly rise as China cuts key interest rates    India strikes Pakistan, Islamabad claims 5 Indian jets downed amid escalation    Egypt welcomes Oman-brokered US-Yemen ceasefire agreement    Egypt inks deal with Merck to advance healthcare training    Egypt's GAHAR, Expertise France to elevate healthcare quality    Egypt's El Khatib, EBRD Head discuss deeper EU investment    Health Minister orders expansion of residency training programmes to strengthen medical workforce    Al Ismaelia, Coventry University Cairo partner on urban development education    Egypt's EDA backs local vaccine industry    Euronext supports EU defence financing with new measures    Egyptian FM addresses Arab Women Organization Conference opening    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Cabinet approves establishment of national medical tourism council to boost healthcare sector    "5,000 Years of Civilizational Dialogue" theme for Korea-Egypt 30th anniversary event    Sudan conflict, bilateral ties dominate talks between Al-Sisi, Al-Burhan in Cairo    Cairo's Madinaty and Katameya Dunes Golf Courses set to host 2025 Pan Arab Golf Championship from May 7-10    Between Women Filmmakers' Caravan opens 5th round of Film Consultancy Programme for Arab filmmakers    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Ancient military commander's tomb unearthed in Ismailia    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Egypt's FM praises ties with Tanzania    Egypt to host global celebration for Grand Egyptian Museum opening on July 3    Ancient Egyptian royal tomb unearthed in Sohag    Egyptian Minister praises Nile Basin consultations, voices GERD concerns    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Gold prices decline as investors take profits
Nada Ali Published in Amwal Al Ghad on 06 - 03 - 2025

Gold prices dropped on Thursday as investors took profits after a three-day rally, with markets watching US jobs data for hints on the Federal Reserve's rate direction amid increasing trade tensions.
Spot gold prices dropped at 1:10 PM GMT by 0.43 per cent to $2,906.42 per ounce, compared to the previous closing price of $2,918.96.
Meanwhile, US gold futures fell 0.41 per cent to $2,913.89 per ounce, compared to Tuesday's closing of $2,926.
Attribution: Amwal Al Ghad English, Reuters
Subediting: Y.Yasser

Clic here to read the story from its source.