Gold prices steady at 6,260 pounds
Gold prices in Egypt stabilized today, Wednesday, September 2, 2026, after a period of fluctuation. The price of 21-karat gold reached approximately 6,260 Egyptian pounds per gram, while the 24-karat gold price remained steady at 7,154 pounds. The 18-karat gold was priced at 5,366 pounds, and the gold pound (24 grams) was at 50,080 pounds. Domestic gold prices are influenced by global gold ounce movements, the exchange rate of the US dollar against the Egyptian pound, as well as supply and demand levels in the market. The market continues to monitor key US economic data, such as employment figures and inflation rates, which may impact gold prices both globally and locally.
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