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Gold stabilizes after rate hold
Gold prices in Egypt rose today, Thursday, September 24, 2026, with the price of a 21-karat gram increasing by approximately 10 pounds to reach 6,220 pounds. This comes amid the Central Bank of Egypt maintaining interest rates at 19% for both deposits and loans. The price of 24-karat gold reached about 7,108 pounds, while 18-karat gold was around 5,331 pounds. The price of a gold-pound stood at 49,760 pounds. This increase follows the Central Bank's decision to hold rates steady, and local gold prices are influenced by global market movements in the dollar and gold, as well as levels of demand and supply.
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