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Gold prices in Egypt experienced a significant decline, with the price per gram of 21-karat gold noticeably dropping by the end of Thursday, August 13, 2026. This decrease occurred amidst market disturbances and changes in consumer purchasing patterns, which are shifting towards buying smaller quantities while spending more. Currently, the average daily gold trading volume is estimated at around $373 billion, and it is observed that gold continues to play an important role in safeguarding investment portfolios during times of crisis. The main reasons behind these losses include fluctuations in global markets and local supply and demand conditions, leading to a change in market dynamics and a consumer preference for purchasing small bars and lower weights.
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