72 Days
Source:
اليوم السابع
_1777352142843_145525226.png&w=64&q=75){kind=small}
Gold prices today, Saturday, July 18, 2026: 18-karat gold reaches 4,980 Egyptian pounds at market opening
Gold prices in the local market rose at the start of July 2026, with 18-karat gold reaching approximately 4,980 Egyptian pounds per gram for sale, despite the global pressures faced by gold during the past week. Gold maintained its stability supported by the rising exchange rate of the dollar in Egypt and the price gap between the local market and international markets, which helped offset the downturn in global markets. Demand for gold jewelry increased within the Egyptian market, accompanied by a rise in gold imports to about $2 billion in the first four months of 2026, compared to $63 million during the same period in 2025. Gold analysts expect that future movements in gold prices will be influenced by global price trends and the level of local demand.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)