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Gold drops 20 pounds to 6,455 pounds
Gold prices in Egypt have fallen, with the 21-karat grade dropping by 20 pounds to reach 6,455 pounds per gram. This decline coincided with an increase in the global price of an ounce following the escalation of missile attacks between Israel and Iran. Military tension has heightened market anxieties, causing the precious metal to decline by more than 1.4%, trading below $4,270 per ounce after losing around 5% over the past week due to regional escalation.
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