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Gold Prices in Egypt Thursday 27/8/2026
The article discusses the stability of gold prices in Egypt today, Thursday, August 27, 2026, following a decline of over 65 pounds during yesterday's trading sessions. This drop was due to a decrease in the global gold price and the ounce falling below $4,600, amid continued volatile movements in the international markets. The price of 24-karat gold was approximately 7,417 Egyptian pounds, while 21-karat gold was about 6,490 pounds. Investors and traders have shown keen interest in monitoring prices, especially after a correction following the rise to the highest levels in three months, reaching 6,645 pounds per gram. Additionally, gold-backed investment funds experienced the largest weekly cash inflows in 11 months, with around $6.4 billion entering and their holdings increasing by 46.7 tons during the past week—the longest streak of investment inflows since the beginning of the year.
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