Egypt 21K gold prices June 21 2026

The gold market in Egypt experienced a temporary stability in prices at the start of Sunday trading, following a 1.5% global decline in the ounce price. This came amid increasing local demand for bullion as a hedge against losses. The price for 21-karat gold reached approximately 6,020 Egyptian pounds for selling and 5,990 pounds for buying. Market expectations suggest that the market will be influenced by tightening monetary policies and the rising dollar, with continued demand for bullion coins weighing between 10 and 50 grams. Globally, the ounce ended at $4,155 after a decline at the end of the week.

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