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Gold dips in evening trading
Gold prices in Egypt experienced a new decline despite the markets closing, amid ongoing global drops in the yellow metal, which has lost approximately $297. This raises questions about whether gold has reached its lowest point and will continue to fall. Experts confirmed that the price decline is related to rising interest rates, the strength of the US dollar, and increasing bond yields, all of which negatively impact gold's appeal as a safe haven. The price of a gold bar starts from one gram, with expectations of further fluctuations in gold prices in the coming period.
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