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Gold prices in Egypt declined today despite the markets closing, amid global downturns that pushed the price of an ounce to lose $297. This raises questions about whether the 21-karat gold will surpass the 6,200-pound mark. An economic expert explained that the continued decline in gold depends on the movements of interest rates and the U.S. dollar, as well as returns on assets. Hope remains for a recovery, with expectations that inflation impacts and financial policies will influence the precious metal.
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