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Gold prices fall to 6730 pounds
Gold prices in Egypt have decreased by 45 Egyptian pounds, with the 21-karat gold, the most traded, costing 6,730 pounds compared to 6,775 pounds at the end of the previous trading day. This decline occurs amid a balance between factors supporting gold, such as geopolitical tensions and rising inflation, and pressures from the ongoing increase in U.S. interest rates and the strengthening dollar, as investors await upcoming U.S. economic data and the next Federal Reserve meeting.
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