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Egypt Gold Rises 45 EGP

Egypt Gold Rises 45 EGP

Gold prices in Egypt rose by about 45 pounds over the past week, with the price of a 21-karat gram climbing from 6,160 to 6,205 pounds, an increase of 0.7%. This came as the global gold price rose by about 5% to $4,071 per ounce, supported by a weaker dollar and lower Treasury yields. However, the dollar’s decline against the Egyptian pound limited the impact of global gains on local prices.

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