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The price of 21-karat gold in Egypt has decreased today to approximately 6,225 Egyptian pounds per gram, after opening at 6,260 pounds. It continues to decline compared to yesterday's close at 6,300 pounds, due to the metal's failure to break through the 6,300-pound level and the prevailing negative market sentiment. This comes amid ongoing global pressures on gold prices, along with a decline in the US dollar exchange rate, which has reduced the cost of importing gold priced in pounds. The Turkish market is closely watching the performance of the global ounce price and the dollar rate to determine the upcoming price trends, amid continued declines in local prices.
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