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The price of the gold pound in Egypt remains steady at 50,080 pounds, maintaining the same value recorded at the end of last week. Its direct correlation depends on the price of a gram of 21-karat gold, which continues at 6,260 pounds. It is expected that the prices of the gold pound and local market movements will be affected by changes in global gold prices, which have reached around $4,170 per ounce. With jewelry shops resuming activity, investors are closely monitoring economic developments and their potential impact on the market in the coming days.
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