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US dollar drives gold to a 3-week high in Egypt

The Gold and Precious Metals Division of the Federation of Egyptian Industries announced that gold prices in the local market rose by 1.63 percent during last week’s trading. 21 karat gold, the most widely traded type in Egypt, reached its highest level in three weeks, bolstered by the rise of the dollar exchange rate against … The post US dollar drives gold to a 3-week high in Egypt appeared…

We haven't written up this one. Egypt Independent has the full story — the link below goes straight to it.

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