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اليوم السابع
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2026-08-31T07:00:00.000Z

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Gold price steady at 50,640 pounds

Gold price steady at 50,640 pounds

The price of the gold pound settled today, Monday, August 31, 2026, in Egypt at 50,640 Egyptian pounds, amid steady local gold prices at the start of the week and anticipation of global movements in the precious metal. This comes alongside the stability of the 21-karat gold price, which remains at 6,330 pounds per gram—this is the karat used to make the gold pound—despite an increase of approximately 420 pounds per gram since the beginning of August, representing a 7% rise, and a 10.1% increase in gold prices worldwide during August. The movement of the gold pound price is influenced by changes in the 21-karat gold price, the global ounce price, the dollar exchange rate, and levels of supply and demand in the local market.

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