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Gold prices in Egypt declined today, Sunday, August 9, 2026, during evening trading, with the price of 24-karat gold nearing 7,000 Egyptian pounds. This drop followed a global rise and increased prices for 21-karat gold, while experts warned of potential scams through the wrapping of bars and pounds. The stability in prices is partly attributed to the increased foreign currency reserves and the improvement of the Egyptian pound, as expectations grow that price fluctuations will continue.
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