Egypt gold price hits January 2026 low

Gold prices in Egypt today dropped to their lowest level since January 2026, with the 21-karat gold reaching about 6,040 pounds after changes of approximately 25 pounds. The U.S. Federal Reserve decided to keep the interest rate at 3.5%, with expectations that the gold price will rise to $6,000 per ounce in 2026 due to geopolitical tensions and ongoing global interest rate cuts.

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