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Source: الموجز
1 Dayالموجز
Source: الموجز
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Gold prices in Egypt remain steady today, Sunday, July 26, 2026, due to the suspension of trading on the global stock exchange because of the weekend holiday. Despite the gains recorded by an ounce of gold last week, which amounted to $35, reaching $4,052, prices have stabilized. In the local market, the price of 21-carat gold per gram is about 6,000 Egyptian pounds, with variations between 5,895 and 6,000 pounds, excluding manufacturing costs, which range from 3% to 7%. Both global and local gold prices are influenced by the upcoming Federal Reserve meeting scheduled for next week. The key factor impacting investment attractiveness in the precious metal is the interest rate decision. Expectations suggest that a rate cut could support higher gold prices, while ongoing monetary policies may limit its gains.
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