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2026-08-24T22:00:00.000Z

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24-karat gold records 7,600 pounds on August 24 2026

24-karat gold records 7,600 pounds on August 24 2026

Today's gold price in Egypt for 24 karat is 7,600 EGP, with relative stability in the market, supported by escalating military tensions in the Middle East and political and economic uncertainty. Additionally, demand for jewelry has decreased by 23%. Globally, gold demand increased by 2% in the first quarter of 2026, driven by higher purchases of bars and coins, as well as a 3% growth in central bank acquisitions. Gold remains a hedge against inflation and economic uncertainty, and its prices continually fluctuate due to supply and demand factors in the global market.

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