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Gold prices in the Egyptian market show an increase to 7,200 pounds per gram for 24-karat gold and 6,300 pounds for 21-karat gold, with expectations limited to slight fluctuations. This is due to local gold prices being linked to the volatility of global gold prices and fluctuations in the USD exchange rate. The strength of the dollar and treasury bond yields impact the global attractiveness of the yellow metal, and these factors are reflected in the local market through price changes, as traders in the jewelry market monitor international economic developments.
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