Global gold prices fell during today's trading on Wednesday near the levels of 2505 dollars per ounce again, but prices are still near the historical peak at the levels of 2531.50 dollars per ounce, as gold prices fell this week 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, Wednesday, August 28, as the 21st highest traded gold in Egypt recorded levels of 3450 pounds to buy this morning, after a slight decline in gold prices globally, as well as the decline in the dollar exchange rate in Egypt.
The price of the dollar in Egypt within the official banks recorded levels of 49.75 pounds per dollar, and the price of the dollar in the parallel market inside Egypt also declined near the levels of 49.00 pounds per dollar.
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