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Gold price update Thursday 11/6/2026
Gold prices in Egypt declined significantly today, Thursday, June 11, 2026, following a drop in the global market due to increased bets on lowering U.S. interest rates. The 21-karat gold rate stood at 6,130 Egyptian pounds, and the gold pound was priced at 49,040 pounds. Meanwhile, Citigroup forecasts that the price of an ounce could reach $4,000 within the next three months, with a possible decrease to $3,500 by September. This trend reflects the impact of rising inflation in the United States on gold prices.
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