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Gold prices on August 24 2026 21K gold up to 6,630 pounds
Gold prices in Egypt rose today, Monday, August 24, 2026, by approximately 30 Egyptian pounds per gram. This increase was supported by a rally in global gold prices and the approaching of the ounce nearing the $4,645 level. The price of 21-karat gold reached about 6,630 pounds, marking a significant rise compared to the last trading session. The price increase is attributed to growing market expectations of a hawkish U.S. monetary policy and a weakening dollar, while the global ounce remains near its highest level in over three months. The upward trend is expected to continue in the local market, especially with prices staying above the support level of 6,600 pounds and facing resistance around 6,630 pounds.
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