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المصري اليوم
Pound drops 1000 points unexpectedly
Gold prices in Egypt have declined significantly today, with the price of a gold pound dropping by approximately 1,000 pounds at once. The price of a 21-karat gram has decreased by about 130 pounds. This decline is due to the drop in the global price of the yellow metal, which fell to its lowest level at $4,355 per ounce following the release of the US jobs report. The report showed figures higher than expected, increasing the likelihood of maintaining high interest rates in the United States.
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