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Gold prices in Egypt on September 22, 2026

Gold prices in Egypt on September 22, 2026

Gold prices in Egypt on Tuesday, September 22, 2026, experienced a slight decline at the start of trading compared to yesterday's prices. This occurred despite a 0.3% increase in global gold prices to approximately $4,357 per ounce, driven by a drop in US Treasury bond yields. In Egypt, the price of gold per gram for 24-karat stood at around 7,229 Egyptian pounds for sale and 7,172 pounds for purchase. For 18-karat gold, prices were approximately 5,423 pounds for sale and 5,379 pounds for purchase. The 21-karat gold traded at about 6,325 pounds for sale and 6,275 pounds for purchase. Meanwhile, the price of a gold pound reached 50,600 pounds for sale. Locally, gold prices are influenced by fluctuations in interest rates and expectations of potential hikes by the Federal Reserve, factors that impact its attractiveness as a hedge against inflation.

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