Global gold prices fell during trading on Tuesday near the levels of 2510 dollars per ounce again, as gold borrowings fell after a slight recovery of the US dollar index, but losses have been limited so far due to investors ' optimism about the imminent US interest rate cut and ongoing concerns about geopolitical tensions in the Middle East.
On the other hand, gold prices in Egypt fell today, Tuesday, August 27, as the 21st highest traded gold in Egypt recorded levels of 3,460 pounds to buy this morning, after the global decline in gold, and also the decline in the dollar exchange rate in Egypt.
The price of the dollar in Egypt within the official banks recorded levels of 49.80 pounds per dollar, and the price of the dollar in the parallel market inside Egypt also declined to levels of 49.05 pounds per dollar.
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