Gold Pound Price in Egypt October 12

Gold prices in Egypt experienced a slight decline at the start of trading today, Monday, October 12, 2026, compared to yesterday's prices. Meanwhile, global gold prices rose due to dollar weakness and falling oil prices, with investors awaiting key U.S. inflation data. The price of 24-karat gold per gram stood at 7,069 Egyptian pounds for selling and 7,023 pounds for buying, while 18-karat gold was at 5,302 pounds for selling and 5,267 pounds for buying. The price of a gold pound was recorded at 49,480 pounds for selling and 49,160 pounds for buying. Globally, the ounce price was $4,198.19. There are expectations that the decline in energy prices will impact inflation and interest rates, as gold is viewed as a hedge against inflation.

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