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Prices in April increased by 1.1 percent, up from 1.0 percent in March, on a month-on-month basis

Softer U.S. jobless claims data contributed to the optimism surrounding gold

Hotter-than-expected U.S. inflation data could potentially drive gold prices down

The report forecasts a growth rate of 4.30 percent for the Egyptian economy in 2025/2026

Market expectations for any rate cuts have been pushed out, which could boost the U.S. dollar and potentially dampen oil demand and prices

Gold could capitalize on potential downturns in U.S. macroeconomic data in the coming quarters

Despite the increase, gold prices were down around 2.3 percent, their biggest weekly drop since early December

Brent crude futures saw a gain of 31 cents, equivalent to 0.4 percent, reaching $89.32 per barrel

The CBE's Monetary Policy Committee is scheduled to meet on May 23 to review the key interest rates

The country kept one-year LPR at 3.45 percent, five-year LPR at 3.95 percent

Food prices remained unchanged at 5 percent in March compared to February

Officials highlighted that the ECB's decisions hinge on incoming data, especially regarding wages, profits, and productivity