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Gold prices rise on August 11 2026
Gold prices in Egypt saw a noticeable increase today, Tuesday, August 11, 2026, amid a continued rise in global gold prices. The price of a 21-karat gold per gram increased by approximately 70 Egyptian pounds to reach 6,230 pounds, making it the most traded karat in the Egyptian market. Additionally, the price of the gold pound rose by 560 pounds to reach 49,840 pounds, influenced by the surge in worldwide gold prices, with the gold ounce reaching around $4,391. This rise comes amid market fluctuations, affected by dollar exchange rates and expectations of continued volatility in the near future.
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