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Gold price drops 120 pounds on June 12, 2026
Gold prices have experienced a sharp decline both globally and locally, with the price of an ounce dropping to $4,196.22 after reaching a high of $4,246.38, affected by a decline of $14.67, or 0.35%. The price of 21-karat gold per gram in Egypt reached 6,060 Egyptian pounds, reflecting a decrease of 2.47% over the past six months and an 11.01% drop for the month. There has also been an annual decline of 23.95%.
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