Egypt Gold Prices Drop July 29

Gold prices in Egypt today, Wednesday, July 29, 2026, experienced a slight decline due to the drop in yellow metal prices in global markets. The price per gram of 24-karat gold reached approximately 6,714 Egyptian pounds for sale and 6,657 pounds for purchase. The 18-karat gold was around 5,036 pounds for sale and 4,993 pounds for purchase. The most traded 21-karat gold traded at about 5,875 pounds for sale and 5,825 pounds for purchase. Additionally, the gold pound was priced at approximately 47,000 pounds for sale and 46,600 pounds for purchase. Based on global market changes and the stability of the dollar, gold prices are expected to remain influenced by the U.S. Federal Reserve's monetary policy decision, which is anticipated to keep interest rates unchanged.

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