Gold prices in the local market stabilized during trading on Friday compared to yesterday’s levels, amid a calm in buying and selling movements and relative stability in global prices, as investors await upcoming monetary policy decisions in major markets. This comes at a time when markets are cautious due to changes in global supply and demand for the precious metal. Gold prices in Egypt fluctuate throughout the day due to rapid developments in the global stock market, in addition to local supply and demand factors, with price fluctuations ranging between 20 to 30 pounds up or down. Market experts expect limited price movements to continue in the short term, with the possibility of a rise if the ounce increases globally or local demand rises.