Gold Prices in Egypt Today:
24-karat: EGP 7,394 per gram
21-karat: EGP 6,470 per gram
18-karat: EGP 5,545 per gram
Gold pound: EGP 51,760
Local and global gold markets saw sharp increases during
yesterday’s trading, reaching unprecedented levels. The surge was fueled by
growing anxiety in global financial markets due to rising trade tensions among
major economic powers, boosting demand for gold as a safe haven.
Analysts expect gold prices to remain elevated globally
throughout 2026, with the possibility of the ounce reaching USD 6,000. This is
supported by continued geopolitical tensions, the trade war, and the trend of
global central banks toward lowering interest rates, which reinforces gold’s
performance over the medium and long term.