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Gold prices in Egypt fell on 3 November 2026 amid global pressure on the metal, with 21-karat gold down about 45 pounds to roughly 6,125 pounds per gram. The local price fell less than the global equivalent, widening the gap with the theoretical ounce value, which stood near $3,909.
Expectations of another US Federal Reserve rate hike in December raise the opportunity cost of holding gold, weighing on prices. This is a gold market move with no direct effect on feed ingredient supply or prices.
alarabiya.netNov 3, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
