# Supported by Weaker US Dollar and Treasury Yields: Gold Prices Rise in Egypt (Report)

> Gold prices rose in Egypt and globally on 4 November after Democrats won control of both houses of Congress. Spot gold climbed about $125 to near $4,047 an ounce, and Egypt's 21-karat gram rose about 90 pounds to 6,230. The weaker dollar and lower Treasury yields were cited as drivers.

- Date: 2026-11-04 · published 2026-11-04T15:11:18.540Z
- Category: macro · region Egypt · magnitude low
- Page: https://feedsoft.ai/events/79964-supported-by-weaker-us-dollar-and-treasury-yields-gold-prices-rise-in-egypt
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker dollar and lower yields tend to support dollar-priced commodities broadly, though gold itself is not a feed input. The dollar's decline eases local-currency import costs for feed buyers in Egypt.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-07-30 | [Gold rises on weaker U.S. dollar, soft inflation data](https://feedsoft.ai/events/18260-gold-rises-on-weaker-u-s-dollar-soft-inflation-data.md) | -1.2% | -1.9% |
| DXY | 2026-07-31 | [US Treasury intervenes to support yen after Japan steps in, FT reports](https://feedsoft.ai/events/18582-us-treasury-intervenes-to-support-yen-after-japan-steps-in-ft-reports.md) | -0.1% | -1.1% |
| DXY | 2024-02-16 | [Dollar retreats on weak US Retail Sales, bond yields slump](https://feedsoft.ai/events/31933-dollar-retreats-on-weak-us-retail-sales-bond-yields-slump.md) | -0.1% | -0.7% |
| DXY | 2021-11-18 | [Wall Street forecasts for the U.S. dollar and 10-year Treasury yield in 2022](https://feedsoft.ai/events/43956-wall-street-forecasts-for-the-u-s-dollar-and-10-year-treasury-yield-in-2022.md) | +1.1% | +0.6% |
| DXY | 2024-07-05 | [Gold prices rise to over one-month high after US jobs report](https://feedsoft.ai/events/29147-gold-prices-rise-to-over-one-month-high-after-us-jobs-report.md) | -0.8% | +0.1% |

## Sources

- almasryalyoum.com: https://www.almasryalyoum.com/news/details/4401118

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.