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Gold prices fall by 20 pounds
The price of 24-karat gold in Egypt today, Tuesday, August 25, 2026, has decreased by 20 Egyptian pounds, reaching 7,560 pounds per gram, compared to 7,580 pounds in the previous transactions. This decline comes amid global gold price movements and influences from the local market's exchange rate of the US dollar against the Egyptian pound, as well as supply and demand dynamics. The price of 24-karat gold, the purest type, mainly depends on the international ounce price, and changes in it affect the value of gold bars, which investors prefer as a means of storing pure gold. Future price expectations are influenced by factors such as the global market ounce price and the dollar exchange rate, with ongoing fluctuations due to the volatility of both international and local markets.
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