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Gold prices in Egypt experienced a decline today, Wednesday, July 22, 2026. The price of a 21-karat gram settled at approximately 5,900 Egyptian pounds after rising by 20 pounds yesterday. The prices of other gold karats were also as follows: 24-karat gram reached about 6,742 pounds, and 18-karat gram was around 5,057 pounds. The gold pound (which contains 8 grams of 21-karat gold) was priced at approximately 47,200 pounds. Internationally, the ounce of gold traded at around $4,078. It is expected that the price will stabilize around $4,100 during the second half of 2026, with the potential to rise to $4,500 or $5,000 if geopolitical or economic tensions escalate. The local price is also influenced by the exchange rate of the local currency against the dollar and global variables, which could lead to future fluctuations in the market.
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