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بوابة أخبار اليوم
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Gold pound price gains on Wednesday
The price of the gold pound increased by 800 Egyptian pounds today, Wednesday, July 22, 2026, reaching 48,000 pounds before manufacturing costs. This rise is due to the global increase in the gold ounce price and heightened demand for it as a safe haven. Additionally, the price of 21-karat gold rose by approximately 100 pounds, reaching 6,000 pounds. The gold pound is made from 21-karat gold, weighing 8 grams, and is characterized by low manufacturing costs, ranging between 50 and 75 pounds per gram, with the possibility of recovering part of the manufacturing fee upon resale. There are mainly two types of gold pounds: the local (engulfed) one, stamped by the Ministry of Supply, and the old British 21-karat version. The gold pound attracts investors' attention due to its ease of trading and low cost.
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