Gold and 21-karat rates on July 1

The price of gold in the Egyptian markets declined today, Wednesday, July 1, 2026, with the 21-karat gold reaching approximately 5,700 Egyptian pounds per gram, after yesterday's increase of 50 pounds. Globally, the price of an ounce has reached around $4,008, with ongoing variations in manufacturing fees that range between 50 and 200 pounds per gram. It is worth noting that the announced prices include the cost of the raw gold per gram but do not cover manufacturing fees and assay taxes.

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