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Gold prices in the Egyptian market remained stable today, Thursday, July 30, 2026, following the U.S. Federal Reserve's decision to keep interest rates unchanged, aligning with market expectations. This stability came amid an increase in the yellow metal's prices globally, driven by heightened demand for safe-haven assets due to geopolitical tensions and a decline in oil prices, which helped limit recent fluctuations. In Egypt, the price for a gram of 24-karat gold was approximately 6,742.75 EGP, 22-karat at about 6,181 EGP, 21-karat at around 5,900 EGP, and 18-karat at approximately 5,057.25 EGP. The price of a gold sovereign was 47,200 EGP, with variations influenced by international gold ounce movements and exchange rates.
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