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Gold pound falls by 400 pounds today
The price of 21-karat gold in Egypt was approximately 5,850 Egyptian pounds, and the price of the gold pound was around 46,800 pounds, amid a decline in gold prices during evening trading in Egypt. Observers anticipate that the price of 21-karat gold may approach 6,000 pounds in the coming days. The decline is attributed to a narrowing of the pricing gap between the local price and the fair value, which is impacting the gold market in the country.
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