21-karat gold drops to 5810 pounds
Gold prices in the Egyptian market experienced a decline at the end of trading on August 4, 2026. The most traded 21-karat ore decreased by 20 pounds for purchase and 30 pounds for sale compared to the opening of trading, registering 5,810 pounds for buying and 5,860 pounds for selling. The price of the gold pound also fell by 160 pounds, continuing to be affected by the global decline in yellow metal prices. Market prices are influenced by international market trends, the exchange rate of the US dollar, and local market demand.
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