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Gold prices in the Egyptian market declined at the beginning of June 2026, amid relative stability in global markets and investors awaiting developments in the ounce and dollar rates. The price of a gram of 24-karat gold reached approximately 7,385 Egyptian pounds for sale, while 21-karat gold was around 6,460 pounds. Meanwhile, the price of an ounce was about 229,635 pounds domestically. Globally, the price of an ounce remained steady at $4,330.13, which helped support gold prices locally.
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