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The local gold price in Egypt decreased by 60 Egyptian pounds over the week, with the 21-karat gold reaching approximately 5,930 pounds. This decline was part of a global downturn that resulted in a loss of 65 pounds within a single week. It is worth noting that gold ended the week having lost $60 in value, but it recorded its first monthly gains since February, reflecting volatility in gold prices due to fluctuations in the global markets.
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