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Gold prices update July 21 2026
The current gold price in Egypt is primarily affected by the performance of the ounce in the global stock exchange and fluctuations in the US dollar exchange rate. The price of 24-karat gold now stands at 6,754 Egyptian pounds per gram. The market is experiencing declines amid expectations of US monetary policy changes. Other precious metals have also been affected, with silver decreasing by 0.5% to $55.22 per ounce, platinum dropping by 0.7% to $1,605, and palladium falling by 0.4% to $1,244, all on track to record weekly losses, as the Federal Reserve keeps interest rates steady at 3.5%.
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Notice: This Is an AI-Generated Summary
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