24 Hrs
Source:
اليوم السابع
_1777352142843_145525226.png&w=48&q=75){kind=small}
Gold prices update Tuesday evening
Gold prices in Egypt experienced a slight increase today, Tuesday, August 18, 2026, amid fluctuations in global markets and a rising US dollar exchange rate against the Egyptian pound, reaching 50.50 pounds, which impacts local gold pricing. The price of 24-karat gold was approximately 7,160 pounds, while 21-karat gold was around 6,270 pounds. The market is attempting to regain upward momentum after previous momentum slowed down around 6,250 pounds for 21-karat gold, with 6,300 pounds considered a key resistance level. Prices are influenced by the stability of the dollar exchange rate, supply and demand levels, and expectations regarding the Federal Reserve’s monetary policy. The 6,250-pound level remains an important support, while the price is aiming to break through the resistance at 6,300 pounds to restore upward momentum.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)