13 Hrs
Source:
اليوم السابع
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Gold prices stabilize at market close
Gold prices in the Egyptian market have stabilized after a wave of decline that began at the start of June. Since then, the price of a gram of 21-karat gold has fallen by approximately 310 Egyptian pounds, representing a decrease of 4.6%. The decline in the US dollar exchange rate against the Egyptian pound to below 52 pounds contributed to put downward pressure on prices. Meanwhile, increasing investor interest in Egyptian debt instruments helped limit the rise in gold prices, amid anticipation of movements in global gold rates.
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