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Gold prices surprisingly declined amid daily dealings in the local market, as the 21 carat most popular in the local market decreased by 12 pounds to become 778 pounds per gram.
Amir Rizk, a member of the Jewelers Division of the Federation of Chambers of Commerce, confirmed that the price drop is locally due to the decline in the price of an ounce globally on the global stock exchanges and the rise of the dollar, that is, central banks worldwide, by $ 18, so that the price of an ounce becomes $ 1782.
Rizk added to Al-Masry Al-Youm that the price of 24 caliber has become 889 pounds for one haram, and 18 karats are 666 pounds per gram, and 21 karat is the best-selling in the local market at 778 pounds per gram, and the price of the gold pound is 6225 pounds.
Rizk expected that the decline will continue in the coming days, until the season of New Year’s and Christmas celebrations is reached.
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The situation in Egypt
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Injuries
114,475
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Recovered
102,268
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Mortality
6,596
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