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Gold prices in Egypt on August 31 2026 21-karat at 6,330 EGP
The article discusses the gold prices in Egypt today, Monday, August 31, 2026, with the local market maintaining relative stability following a wave of decline experienced by the metal in recent days at the end of August. The price of the 21-karat gold, the most traded in the Egyptian market, is approximately 6,330 Egyptian pounds per gram. Meanwhile, international gold prices have also declined, with the ounce dropping to around $4,416 compared to $4,455 at opening. This follows a gain of 10.1% throughout August, though there was a 3.2% decline in the final week. Gold prices in Egypt are influenced by movements in the ounce price, the exchange rate of the dollar, and the supply and demand dynamics in the local market, with expectations of continued fluctuations due to profit-taking, anticipation of economic data, and global interest rate trends.
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