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بوابة أخبار اليوم
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Gold pound prices dip slightly on July 23
The price of the gold pound in the Egyptian market experienced a modest decline today, Thursday, July 23, 2026, influenced by global prices and the US dollar exchange rate, as markets await developments in the geopolitical situation. The gold pound was traded at approximately 47,680 Egyptian pounds during evening trading, down by about 240 pounds compared to the beginning of the day. The gold pound consists of 21-karat gold weighing 8 grams and features a lower manufacturing cost, ranging between 50 and 75 pounds per gram, with the possibility of recovering part of this cost upon sale. The gold pound is considered a preferred investment choice due to its easy tradability and low manufacturing costs. It is divided into two main types: the local sealed gold pound and the old gold pound dating back to 1911.
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