Business
Gold falls to 3-month low as oil-driven inflation fears hit prices
October 24, 2026 at 04:28 PM
Coverage
3 reports · over 20 hours
MAMasrawy
جولد بيليون: الذهب يهبط لأدني مستوي في 3 أشهر بفعل صعود النفط
(opens the publisher’s site)
MAMasrawy
الأوقية عالميا تخسر 145 دولارا.. لماذا لم يهبط الذهب في مصر بالنسبة نفسها؟
(opens the publisher’s site)
مصالمصرى اليوم
أكبر انخفاض في 4 أشهر.. سعر الذهب العالمي يهبط لمستويات غير متوقعة ويفقد 4% من قيمته
(opens the publisher’s site)Rising oil prices and inflation fears dragged global gold to its lowest level in three months, its sharpest weekly drop in over four months.
- Gold fell 4.1% on the week to $3,995 an ounce, its lowest level in three months, after breaking below $4,000.
- Brent crude reached its highest in more than five months after Houthi attacks in Saudi Arabia raised supply concerns.
- Traders expect the Federal Reserve to hold rates at its October 27–28 meeting and to raise them in December, according to CME FedWatch.
- Silver fell 0.7% to $54.17 an ounce, while palladium and platinum hit their lowest levels since November and July 2025.
- Egypt's 21-carat gold gram price edged up 0.24% to 6,285 pounds as the dollar gained 2.58% against the pound, cushioning local prices.