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Gold prices and 21-karat rate for August 28 2026
Gold prices in Egypt have declined today, with the 21-karat gold decrease by 10 Egyptian pounds amidst a global decline in gold prices. The General Division for Gold indicated that prices vary between governorates, with the price of 24-karat gold approximately 7,405 pounds and 18-karat around 5,554 pounds, while the price of a gold pound is approximately 51,840 pounds. Market reports from around the world expect gold prices to remain volatile during the second half of 2026, with projections indicating that the price per ounce could range between $4,100 and $5,000, influenced by geopolitical factors, interest rates, and investor sentiment.
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