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Gold prices drop in jewelry shops
The price of gold in Egypt dropped by approximately 70 Egyptian pounds during Tuesday, September 1, 2026, reaching a level roughly 4,173 pounds lower for the 14-karat, 5,365 pounds lower for the 18-karat, 6,260 pounds lower for the 21-karat, and 7,154 pounds lower for the 24-karat. The gold pound also declined to 50,080 pounds. Globally, the price of gold decreased by 1.63%, reaching around $4,364 per ounce, according to Bloomberg data.
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