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Source:
بوابة الأهرام
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Gold drops 150 EGP in Egypt and $70 worldwide
Gold prices in the local market experienced a significant decline from September 19 to September 26, 2026, with the price of a 21-karat gram dropping by approximately 150 pounds, representing a 15.3% decrease. This decline is attributed to falling gold prices globally, coupled with fluctuations in the U.S. dollar, which led to weakened local demand and a noticeable drop in prices. The report indicates that the outlook suggests prices will continue to fall if the influencing factors persist in their downward trend, highlighting the importance of monitoring the market to make informed decisions for investors and consumers.
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