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Gold prices in Egypt experienced a decline today, Friday, August 14, 2026, at the start of trading, coinciding with a 0.5% drop in global prices for the yellow metal to $4,330.37 per ounce, after reaching its highest level in over two months. This decrease was supported by inflation data that reduced expectations of interest rate hikes by the Federal Reserve in September. In the Egyptian market, the price of a gram of 24-karat gold was approximately 7,132 Egyptian pounds for selling and 5,306 pounds for buying. Meanwhile, 18-karat gold was around 5,349 pounds for selling and 5,306 pounds for buying. The more popular 21-karat gold was approximately 6,240 pounds for selling and 6,190 pounds for buying. Additionally, the price of a gold pound was about 49,920 pounds for selling and 49,520 pounds for buying.
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