Gold prices in Egypt on September 20
Gold prices in Egypt experienced a slight increase today, Sunday, September 20, 2026, at the start of trading, following their first weekly gain in four weeks globally. This rise was supported by a decline in oil prices, which reduced inflation concerns. The price of a gram of 24-karat gold was approximately 7,308.5 Egyptian pounds for selling and 5,481.5 pounds for 18-karat gold. The popular 21-karat gold recorded a selling price of around 6,395 pounds and a buying price of 6,345 pounds. The price of a gold kilogram also reached approximately 51,160 pounds. The drop in oil prices led to an increase in the global gold price, reaching about $4,390 per ounce, with futures contracts rising. The decline in oil prices exerts downward pressure on inflation and encourages investment in precious metals.
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