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Gold price in Egypt drops to 6120 pounds
The price of gold in Egypt has decreased today by about 10 Egyptian pounds per gram, with the 21-karat grade reaching approximately 6,120 pounds. This decline occurs amid a stable US dollar exchange rate above 52 pounds, and gold prices are also influenced by the global movement of the ounce, which is approaching $4,200. Markets are closely watching the upcoming American economic data, which will impact interest rates and the dollar's movement. Investors are carefully monitoring both local and international price trends during this period.
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