Gold opens lower amid global markets

Gold prices worldwide declined today, Tuesday, with the ounce losing more than $47, returning to the $4,144 level after opening near yesterday's close at $4,191. Locally, gold prices remained unchanged after a drop of about 60 Egyptian pounds per gram yesterday, with the 21-karat gold still around 5,940 pounds without manufacturing costs. This decline comes amid market anticipation of geopolitical developments and economic indicators that influence the US Federal Reserve's monetary policy.

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