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Egypt gold pound price steady on August 6
The price of the gold pound in Egypt remained at 47,440 Egyptian pounds at the start of trading on Thursday, August 6, 2026, following a notable increase of 100 pounds during yesterday’s session. This rise was supported by a global increase in gold prices and the proximity of the ounce to record levels. The price of the pound, which weighs 8 grams of 21-karat gold, is directly affected by the per-gram market prices, as well as fluctuations in the price of the ounce and the dollar. The importance of investing in gold as a long-term savings tool continues to be relevant amidst anticipation of new economic developments.
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