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Gold prices in Egypt declined today, Tuesday, September 29, 2026, with the 21-karat gold selling at approximately 6,100 Egyptian pounds. This represents a decrease compared to previous levels, amid a global decline in gold prices near their lowest point in over seven weeks. The decline comes as investors await U.S. economic data and the potential impact of interest rate hikes, which affect gold's attractiveness as a safe haven. Additionally, local gold prices are influenced by the dollar exchange rate and demand for gold jewelry. Geopolitical tensions also continue to play a role in shaping market movements.
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