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Egypt gold price 1370 pounds per gram
The gold market in Egypt experienced a significant decline over three months, with the price of a gram losing about 1,370 pounds in value, registering a decrease of 18.3%, from 7,500 to around 6,130 pounds by June 2026. This decline is attributed to reduced fears in the global markets and an improved investor appetite for high-risk assets, as well as the impact of American inflation data showing a noticeable rise in inflation rates and energy prices, which influenced the pricing of the precious metal in Egypt.
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