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Gold prices on August 14, 2026
Gold prices in Egypt remained steady today, Friday, August 14, 2026, following a slight decline due to global profit-taking after the gold ounce hit its highest level since early June. The price of 24-carat gold reached approximately 7,160 Egyptian pounds, making it one of the most favored coins among investors. Currently, gold benefits from geopolitical uncertainty and US inflation data, which reduce the likelihood of interest rate hikes by the Federal Reserve, thereby boosting demand for the precious metal. Globally, gold closed yesterday above $4,400 per ounce before sliding slightly, amid ongoing uncertainty surrounding the Gulf war and tensions between Iran and the United States, as well as a decrease in the chances of a US rate increase. Since early August, gold prices have risen by 8.2%.
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