Gold prices in Egypt reach 7171 pounds

The gold market in Egypt experienced relative stability in prices during the early hours of June 13, 2026, amid global anticipation of political and economic developments, especially following the announcement of the final Peace Agreement between the United States and Iran. The price of a gram of 24-carat gold reached approximately 7,171 Egyptian pounds, while the 21-carat, which is the most traded, was around 6,275 pounds. The price of a gold coin (the gold pound) stood at about 50,200 pounds. Gold is viewed as a store of value and a long-term investment, with its prices influenced by global factors such as stock market movements, the value of the dollar, and geopolitical tensions.

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