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Gold prices on August 10, 2026
Gold prices in Egypt rose significantly today, Monday, August 10, 2026, amid stable global gold levels above $4,300 per ounce and in line with the rebound of the dollar against the Egyptian pound. The price of 21-karat gold in Egypt reached approximately 6,115 Egyptian pounds per gram, the most traded karat, marking an increase of 4.6% since the beginning of the year. Weekly gains amounted to 2.7%, equating to about 160 pounds per gram. The rise in gold prices was supported by a 7.3% increase in the gold ounce last week to $4,341, driven by weaker U.S. jobs data and expectations of changing interest rates. Meanwhile, the decline of the dollar against the pound helped mitigate the impact of the global gold surge on the local market.
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