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Source: كشكول
23 Hrsكشكول
Source: كشكول
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Gold prices in Egypt remained steady today, Friday, September 18, 2026, at 6,370 Egyptian pounds for the 21-karat gold, the most traded in the market, with no change from yesterday. This stability is amidst ongoing monitoring of global gold prices and the exchange rate of the US dollar. Local prices are directly affected by fluctuations in the international market and currency exchange rates. Globally, gold prices experienced volatility, fluctuating between gains and losses, as the market attempted to retest important support levels after falling to their lowest point in a month and a half. Additionally, the General Authority for Financial Supervision issued a decision to ban financing consumer finance companies from purchasing gold, in an effort to curb speculation and market volatility. The market expects that gold prices will be influenced in the future by movements in the global ounce price, the dollar exchange rate, and decisions by central banks, as investors continue to await future price trends.
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