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Gold 24K price today August 21
The price of 24-karat gold in Egypt today, Friday, August 21, 2026, remains steady at approximately 7,371.43 Egyptian pounds per gram. This follows a strong rise during Thursday’s session, driven by a global ounce price surpassing $4,500 and a decline in local demand amid reduced interest as the back-to-school season approaches. Globally, gold surged by 4.4%, reaching its highest level in three months at $4,524 per ounce. The price movement continues to be linked to the psychological level of $4,500 per ounce and the exchange rate between the dollar and the Egyptian pound. The $4,500 mark remains a critical point; if prices stay above it, they may break through further to reach $4,524, otherwise, profit-taking could persist, with support levels targeted around $4,400. Locally, the price remains connected to global gains and dollar exchange rates, with expectations of price fluctuations amid declining local demand, especially as the back-to-school season approaches.
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