Egypt 21-karat gold hits 6,310 pounds

Gold prices in Egypt experienced a slight rise on Thursday, September 10, 2026, at the start of trading today, with the price of 21-karat gold hovering around 6,310 Egyptian pounds per gram for sale. Globally, gold prices increased modestly supported by a decline in the U.S. dollar, while investors await inflation data from the United States to gauge the future direction of interest rates. The increase in gold prices is also prompted by expectations that the U.S. Federal Reserve will raise interest rates by 60% at its upcoming meeting, which in turn affects gold's appeal as an inflation hedge.

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