21 Hrs
Source:
اليوم السابع
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Source: اليوم السابع
21 Hrsاليوم السابع
Source: اليوم السابع
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Gold prices in Egypt fell below EGP 6,200 per gram, pressured by the dollar’s decline to EGP 53.80 and a 1.4% drop in international gold prices to $4,040 an ounce, after gold failed to break through resistance at $4,140. The decline came after U.S. inflation registered 0.4%, strengthening expectations of interest-rate increases. Meanwhile, Egypt’s annual core inflation fell to 13.1% in October, from 14.1% in September. A Gold Bullion analysis warned that a break below the EGP 6,200 support level could add to downward pressure in the coming days.
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