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اليوم السابع
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Goldsmiths' Screen: Gold Price Updates
The article currently discusses the stability of gold prices in Egypt during Thursday's trading session, with the 21-karat gold, the most traded, maintaining a level of 6,100 Egyptian pounds per gram. Investors are closely watching global gold movements and exchange rate fluctuations. The local market remains primarily influenced by developments in the global ounce price, especially with the stability of the dollar, as well as price changes driven by uncertainty regarding the direction of U.S. interest rates and Treasury bond yields. This uncertainty affects gold's attractiveness as an investment tool. Meanwhile, the precious metal continues to be one of the most searched-for assets by citizens and investors alike, given its role as a store of value. There are ongoing expectations of price changes throughout the day, depending on global market movements and the international spot price of gold.
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