Gold 21K prices in Egypt on 1/7/2026

Gold prices in Egypt for 21-karat gold recorded high levels on Wednesday evening, 1/7/2026, reaching approximately 5,725 Egyptian pounds per gram. This increase was supported by the performance of the global ounce, which is attempting to break through the 4,050-dollar level amid anticipation of American economic data and Federal Reserve Chairman's statements regarding the course of interest rates. Markets are leaning towards expecting movements within a horizontal range, with limited potential gains, as US employment market results continue to exert pressure and the global market is influenced by support and resistance levels at around $4,000 and $4,080 per ounce.

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