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The price of a gram of 24-karat gold in Egypt today is approximately 6,989 pounds, amid relative market stability. There has been a 2% increase in global demand for gold in the first quarter of 2026, reaching 1,230.9 tons, supported by rising purchases of bars, coins, and central bank reserves. Despite this, demand for jewelry has decreased by 23%. Gold prices worldwide are influenced by the strength of the dollar and rising Treasury bond yields, which reduce its appeal as a safe haven. However, gold prices are also supported by military tensions in the Middle East and uncertainties in U.S. trade policies, with daily price fluctuations in Egypt ranging between 15 and 20 pounds.
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