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Gold price up by 25 pounds
Gold prices in Egypt today, Friday, June 12, 2026, increased by 25 pounds, bringing the price of the 21-karat gold to 6,300 pounds. Despite global tensions and a drop in the ounce price to around $78, prices remain relatively stable. The yellow metal is influenced by geopolitical tensions, especially amid declining US interest rates and expectations that gold prices will rise to over $6,000 per ounce in 2026 due to trade wars and escalating tensions in the Middle East.
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