Gold 21K price drops by 50 pounds

Gold prices in Egypt declined today as the spot contracts fell by 0.74%, with the ounce losing $30.92 to reach $4,160.51. The price of the gold pound stood at 47,840 Egyptian pounds, while the price of a gram of 21-karat gold was approximately 5,980 pounds, with craftsmanship fees ranging between 100 and 150 pounds. The yellow metal experienced a monthly decline of 7.76% and a weekly decrease of 3.97%.

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