Gold in Egypt Falls on September 13

Gold prices in Egypt experienced a slight decline at the start of trading on Sunday, September 13, 2026, marking the third consecutive weekly loss globally due to increased expectations of the U.S. Federal Reserve raising interest rates amid high inflation data. The price for 24-karat gold per gram was approximately 7,177.2 Egyptian pounds for sale, while the more popular 21-karat was at 6,280 pounds. Additionally, a gold pound was valued at about 50,240 pounds for sale. Globally, gold prices fell by 1.5% over the week as expectations of a U.S. rate hike persisted, with demand for investment in China and a stable dollar index influencing the market.

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