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The price of the gold pound in Egypt today, Wednesday, June 3, 2026, saw a significant decline, influenced by a decrease in global gold prices amid anticipation of the U.S. Federal Reserve's policies. This came after economic data showing an increase in job opportunities in the United States, which boosted expectations of continued interest rate hikes. Such raises tend to reduce the attractiveness of gold as an investment. It is expected that a 10% increase will be applied to the average craftsmanship fee for gold starting next July.
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