Gold prices today drop by 30 pounds
On Monday, September 7, 2026, gold prices experienced a significant decline in the Egyptian market. The price of a gram of 21-karat gold decreased by 30 Egyptian pounds, reaching approximately 6,300 pounds, which is the most traded karat. Meanwhile, the 24-karat gram was valued at about 7,200 pounds, and the 18-karat gram at around 5,400 pounds. The price of a gold pound was approximately 50,400 pounds. Global gold prices also influence local rates, with gold trading at $4,408 per ounce. Additionally, domestic factors such as the dollar exchange rate and supply and demand dynamics play a role. The announced prices do not include making charges, which vary from one dealer to another, so it is important to check for updates before making a purchase.
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