Gold prices climb on August 11 at 6,200 EGP
Gold prices in Egypt saw a significant increase today, Tuesday, August 11, 2026. The price of a 21-karat gram rose to around 6,200 Egyptian pounds, compared to about 5,930 pounds at the beginning of the month, marking a gain of approximately 270 pounds in the early days of August. Additionally, 24-karat gold reached roughly 7,086 pounds, 18-karat gold climbed to about 5,315 pounds, and 14-karat gold increased to approximately 4,134 pounds. The price of an ounce of gold rose to around 220,399 pounds, while the gold pound now costs about 49,602 pounds. This comes amid an continued wave of rising global gold prices and local market influences such as fluctuations in the dollar exchange rate and supply and demand dynamics, with widespread interest from citizens and investors.
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