Egypt 21-karat gold prices fall
The gold market in Egypt experienced a decline today due to falling prices globally after American data showed an increase in job vacancies, reinforcing expectations to keep interest rates high. The price of 21-karat gold reached around 549 pounds today, with craftsmanship fees remaining stable at a new rate starting in July, reflecting a 10% increase. Locally, gold prices are influenced by global economic developments and expectations regarding U.S. monetary policy.
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