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Egypt Gold Market Faces Uncertain Trends
Gold prices in Egypt today, Saturday, August 15, 2026, remained low due to a global decline in prices after the precious metal failed to hold the level of $4,400 per ounce. The 21-karat gold per gram was approximately 6,265 Egyptian pounds, and the local gold ounce price reached 222,676 Egyptian pounds. This came alongside the stability of the US dollar exchange rate at 50.28 Egyptian pounds, which reduced the impact of local market fluctuations on gold prices—these are mainly dependent on the global ounce price and the dollar exchange rate. Currently, gold market movements are primarily influenced by changes in the global ounce price and international economic conditions.
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