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Gold prices in Egypt today remain steady at 18-karat gold, due to a balance between the local market and global gold movements, registering 5,370 Egyptian pounds per gram. Market watchers are awaiting price trends at the start of the week, closely linked to gold ounce prices and the US dollar exchange rate. The global ounce price ended the week at approximately $4,387.80 after failing to maintain the $4,400 level, following profit-taking actions. Meanwhile, the US dollar in Egypt remains stable at around 50.28 pounds, helping to reduce fluctuations in local gold prices. 18-karat gold is the most common for gold jewelry, and its price is directly affected by other gold karat prices and international market trends.
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