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Egypt gold prices June 3, 2026

Egypt gold prices June 3, 2026

Today, Wednesday, June 3, 2026, gold prices in Egypt experienced relative stability at the start of trading, influenced by a decline in global prices due to renewed hostilities in the Middle East. This has led to an increase in oil prices and heightened concerns about the continued rise of interest rates to curb inflation. The price of a gram of 24-karat gold is approximately 7,617 Egyptian pounds for selling and 7,560 pounds for buying. For 18-karat gold, prices are around 5,713 pounds for selling and 5,670 pounds for buying. Meanwhile, 21-karat gold costs about 6,665 pounds for selling and 6,615 pounds for buying. The price of a gold pound stands at approximately 53,320 pounds for selling and 52,920 pounds for buying. In international markets, gold prices fell by 0.2%, reaching $4,476.50 per ounce, as investors await U.S. employment data that may influence Federal Reserve policies.

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