Gold price remains at 6,914 EGP

Gold prices in Egypt have risen modestly, with the 24-karat gold reaching 6,914 pounds today. This increase is due to a recovery in global markets, as the ounce regained the 4,300-dollar level. The move comes after the U.S. Federal Reserve decided to keep interest rates steady at 3.5%, which impacts gold worldwide due to the strength of the dollar and rising Treasury bond yields.

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