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Gold gains 5 pounds on September 25
The price of gold in Egypt increased by 5 Egyptian pounds on Friday, September 25, 2026, bringing the price of the 21-karat gold to 6,230 pounds. This follows a decline in prices yesterday, Thursday, due to pressures from global markets and the U.S. Federal Reserve raising interest rates for the first time in three years. As a result, the price of 24-karat gold reached approximately 7,120 pounds, and the price of a gold pound was 49,840 pounds. The local gold price is influenced by fluctuations in global markets and geopolitical tensions, especially with rising oil prices and the repercussions of the American-Israeli war on Iran. There are also expectations that the price of an ounce will rise to $6,000 in 2026 due to a global decline in interest rates.
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