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Egypt gold prices move on June 7

Egypt gold prices move on June 7

Gold prices in Egypt today, Sunday, June 7, 2026, experienced a slight decline at the start of trading, influenced by a drop in global gold prices following stronger-than-expected U.S. employment data. The price of 24-karat gold per gram was approximately 7,411.5 Egyptian pounds for selling and 7,342.75 pounds for buying. The 18-karat gold price was around 5,558.5 pounds for selling and 5,507.25 pounds for buying. Meanwhile, the 21-karat gold was priced at about 6,485 pounds for selling and 6,425 pounds for buying. The decline in gold comes amid growing concerns over the continuation of interest rate hikes in the U.S. and their impact on the precious metal and global financial markets.

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