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The gold price in Egypt on Saturday, August 22, 2026, remains relatively stable. The price of 24-karat gold is approximately 7,537 Egyptian pounds per gram, while 21-karat gold is around 6,595 pounds, and 18-karat gold is about 5,653 pounds. The 14-karat gold price is approximately 4,397 pounds, and the gold pound is valued at around 52,760 pounds. Globally, data indicates a 2% increase in demand for gold during the first quarter of 2026, supported by a 3% rise in bullion, coin, and central bank purchases. However, the gold market is currently influenced by the strength of the US dollar and rising Treasury bond yields, which reduce demand as a safe haven amid military tensions and increased interest in safe-haven assets.
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