Egypt Gold Prices Drop on June 30

Gold prices in Egypt today, Tuesday, June 30, 2026, experienced a new decline at the start of trading, influenced by the drop in the yellow metal’s price on the global markets. Prices fell by more than 1%, marking the largest monthly drop since October 2008, due to ongoing uncertainty in the Middle East and expectations of an increase in US interest rates to combat inflation. The price of a gram of 24-karat gold stood at approximately 6,474 Egyptian pounds for sale, while the 21-karat standard, preferred by Egyptians, was at 5,665 pounds. The price of a gold pound was 45,320 pounds.

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