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المصدر
Egypt Gold Prices Fall 45 Pounds
Gold prices in Egypt and worldwide have decreased today due to expectations of a rise in U.S. interest rates, influenced by the strengthening dollar and rising oil prices in the market. The price of a gram of 21-karat gold has fallen by about 45 Egyptian pounds, reaching 6,220 pounds, while the global price of an ounce has decreased by $56 to $4,293. This reflects a decline in demand and changes in liquidity and supply movements, amid market trends toward tightening U.S. monetary policy due to high inflation data and tensions in the oil market. The impact of rising interest rates is expected to continue driving down gold prices in the upcoming period.
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