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Egypt Gold Price Update August 23 2026
Gold prices in Egypt today remained stable at high levels, with 24-karat gold at approximately 7,537 EGP, 21-karat at 6,595 EGP, 18-karat at 5,653 EGP, and 14-karat at 4,397 EGP. The gold pound was valued at 52,760 EGP. The market experienced a halt in trading due to the weekly holiday, with a temporary decline following a strong upward wave. Future price movements are expected to be influenced by the performance of the global ounce above $4,600, the movement of the dollar, and U.S. bond yields. The key technical support level to watch is 6,500 EGP for 21-karat gold, which is considered a main support level that could either reinforce the potential for prices to rise again or lead to a temporary correction.
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