Gold price August 12, 2026

Gold prices in Egypt today, Wednesday, August 12, 2026, are experiencing relatively stable levels. The price of a gram of 24-karat gold reached 7,225 pounds. Meanwhile, global demand for gold has increased by 2% year-over-year, reaching 1,230.9 tons in the first quarter of 2026. The price support is attributed to escalating military tensions in the Middle East and uncertainty in U.S. trade policies, with prices fluctuating between 15 and 20 pounds daily due to global stock market volatility and supply and demand factors. The prices vary across different gold types, with 21-karat gold priced at approximately 6,320 pounds and a gold pound valued at 50,560 pounds.

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