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Gold 24-karat price stable at 7,234 pounds
Gold prices in Egypt today, Monday, August 31, 2026, remain steady at 7,234 Egyptian pounds per gram for 24-karat gold, with prices for other karats also stable. The 21-karat gold is approximately 6,330 pounds. There is cautious anticipation of global gold movements following the recent correction wave that the precious metal experienced during the last week of August. Since the beginning of August, gold prices have increased by 7%, while the global ounce price has risen by 10.1% during the month, despite a 3.2% decline in the last week. The stability in prices is influenced by the movements of the ounce and the dollar exchange rate, with expectations that prices may change amid global market fluctuations.
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