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Gold prices stabilized this Monday morning, July 20, 2026, with the price of 18-karat gold reaching approximately 5,020 Egyptian pounds per gram. Gold prices in Egypt are directly linked to the global gold ounce price and the movement of the USD against the Egyptian pound. Expectations indicate ongoing fluctuations in global markets throughout 2026 due to geopolitical tensions and changes in monetary policies. Gold remains the safe haven for investors amid economic uncertainty, with demand increasing as prices rise globally, especially during periods of currency market volatility and interest rate fluctuations.
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