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2026-07-29T06:05:40.000Z

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Gold prices on July 29, 2026

Gold prices on July 29, 2026

The gold market in Egypt is awaiting the start of trading on Wednesday, July 29, 2026, amid ongoing declines in gold prices at the end of Tuesday's dealings due to fluctuations in global markets. The price of 24-karat gold is approximately 6,714 Egyptian pounds per gram, while the 21-karat variety generally stands at 5,875 pounds. The 18-karat gold recorded 5,035 pounds, and the 14-karat sold for 3,916 pounds. The price of the gold pound remains steady at 47,000 pounds, reflecting the value of raw gold without craftsmanship costs. Local prices are influenced by global gold market fluctuations, the exchange rate of the dollar, and domestic factors such as supply and demand.

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