# Gold rises $70 an ounce; weaker dollar limits gold's gains in Egypt

> Global gold prices rose about $70 to around $4,133 an ounce on November 5, supported by a weaker dollar and Treasury yields after the US midterm election results. Egyptian gold prices also increased, while the decline in the dollar against the pound limited the local price rise.

- Date: 2026-11-05 · published 2026-11-06T12:12:36.613Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/83872-gold-rises-70-an-ounce-weaker-dollar-limits-gold-s-gains-in-egypt
- Commodities: [Egyptian Pound (EGP per USD)](https://feedsoft.ai/c/USDEGP.md)

## Why it matters

The story concerns gold and currency markets, with no clear supply, demand, or price mechanism for the listed feed and agricultural commodities.

## Sources

- egyin.com: https://www.egyin.com/article/158678/%D8%A3%D9%88%D9%82%D9%8A%D8%A9-%D8%A7%D9%84%D8%B0%D9%87%D8%A8-%D8%AA%D9%82%D9%81%D8%B2-70-%D8%AF%D9%88%D9%84%D8%A7%D8%B1%D9%8B%D8%A7-%D9%88%D8%AA%D8%B1%D8%A7%D8%AC%D8%B9-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A7%D8%B1

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