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Gold 21-karat declines on September 2

Gold 21-karat declines on September 2

On Wednesday, September 2, 2026, the price of gold in the Egyptian local market dropped significantly. The price of a 21-karat gram decreased by about 50 Egyptian pounds, reaching approximately 6,210 pounds. The price of a gold pound fell by around 400 pounds, reaching approximately 49,680 pounds. Additionally, the price of 24-karat gold declined to 7,097 pounds, while 18-karat gold remained stable at 5,322 pounds. Meanwhile, the international ounce price stood at $4,329. This decline came after a noticeable decrease in gold prices in local markets compared to previous days, with prices moving to reflect changes in both the local and global markets.

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