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Gold prices in Egypt have risen significantly, with a 50-pound increase per gram for 21-karat gold, bringing its price to 6,385 Egyptian pounds for buying and 6,355 pounds for selling during today's Friday trading. This increase comes after the yellow metal experienced upward movements globally following the Federal Reserve's decision to raise interest rates, with the gold ounce reaching $4,388. This marks the third consecutive increase in local gold prices, with the price of 24-karat gold rising to approximately 7,297 pounds per gram, and the gold pound reaching around 51,080 pounds.
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