Egypt gold prices fall to 5770 pounds
Gold prices in Egypt have experienced a new decline, with the 21-karat gold price reaching approximately 5,770 Egyptian pounds per gram, down by 20 pounds compared to the start of trading, marking the lowest level in months. This decrease occurs amid a decline in global gold prices and a stable US dollar exchange rate, with total losses of about 980 pounds since the beginning of June. This downward trend reflects market pressures and a decrease in investment demand for the precious metal.
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