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Gold today July 28 2026 24K at 6,717 pounds
The price of a gram of 24-karat gold in Egypt today is 6,717 Egyptian pounds, with a relatively stable price trend. Global demand for gold increased by 2% in the first quarter of 2026, reaching 1,230.9 tons. Central bank purchases rose by 3%, while demand for jewelry declined by 23%. The main support for the price comes from escalating military tensions in the Middle East, political uncertainty in U.S. trade policies, and a decline in the dollar. Gold is viewed as a hedge against economic uncertainty and inflation, and its prices are continuously changing due to supply and demand factors and global volatility.
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