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Gold prices dip slightly at jewelry stores
Gold prices in Egypt experienced a slight decline during Tuesday evening trading on August 18, 2026. The price of the 21-karat gram decreased by approximately 10 Egyptian pounds to reach 6,240 pounds for purchase, making it the most traded karat in the market. Prices of other gold karats also saw modest declines, and the price of the gold pound fell by about 80 pounds to 49,920 pounds. Globally, the price of an ounce of gold dropped by approximately $5.28, reaching around $4,391, influenced by the decline in the ounce price and developments in the US dollar's exchange rate against the Egyptian pound.
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