اليوم السابع
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The gold price in Egypt today, Tuesday, August 11, 2026, recorded a 21-karat price of 6,300 Egyptian pounds. There has been a 19% decline in demand for gold jewelry during the first quarter of the year compared to the previous period, reflecting a decrease in purchasing power. The rise in the dollar and expectations of no interest rate cuts by the US Federal Reserve are negatively impacting global gold prices. Meanwhile, escalating military tensions in the Middle East and economic uncertainty support gold's appeal. It is clear that gold prices are heavily influenced by economic and political factors, with ongoing pressure from the strengthening dollar and decreasing demand for gold as an investment alternative.
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