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Gold prices in Egypt saw a noticeable increase today, Friday, August 21, 2026, amid a global rise in prices and a decline in U.S. Treasury bond yields. Additionally, the depreciation of the dollar and ongoing geopolitical tensions contributed to this trend. The price of 21-karat gold in Egypt reached approximately 6,550 Egyptian pounds per gram, an increase of 100 pounds, or 1.55%, compared to yesterday. This rise was influenced by a global surge in the ounce price, which reached around $4,574, up $54.57 or 1.2%. The decline in U.S. Treasury bond yields and the weakening dollar further enhance gold’s appeal as a safe-haven investment.
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