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Gold pound price rises on August 4
The price of the gold pound in Egypt has increased by approximately 160 pounds, reaching around 47,760 pounds as of Tuesday morning, August 4, 2026. This rise is due to market fluctuations and increased local demand. The gold pound is considered a popular investment tool, serving as a safe haven against inflation and currency fluctuations. It is characterized by its liquidity and ease of trading. The gold pound is available in different sizes, including 8 grams, 4 grams, and 2 grams, made from 21-carat gold with a purity of 87.5%.
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