Gold prices fall in Egypt
Gold prices in Egypt continue their sharp decline, with the 21-karat gold per gram losing about 960 Egyptian pounds since the beginning of June, reaching approximately 5,790 pounds, a decrease of nearly 14%. This decline comes amid a drop in global gold prices and a weakening of the dollar against the Egyptian pound. Additionally, the yellow metal fell by around 35 pounds today compared to yesterday’s close, after breaking important levels such as 6,000 and 5,800 pounds, leading to a state of anticipation regarding the future of prices.
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