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Egypt gold prices stable September 9
Gold prices in Egypt today, Wednesday, September 9, 2026, remained stable after a decline of around 30 Egyptian pounds yesterday, coinciding with global movements in the ounce price, which recorded approximately $4,405. The price of 24-karat gold per gram was about 7,193 pounds, while 21-karat was approximately 6,290 pounds, and 18-karat around 5,387 pounds. The price of a gold pound was 50,320 pounds. The Central Bank of Egypt's gold reserve increased to $19.058 billion in August, while foreign exchange reserves declined to $37.552 billion, reflecting the significant role of gold in supporting reserves. The market anticipates movement in gold prices in the coming period, driven by monitoring interest rates, monetary policies, and their impact on investors' appetite for safe havens.
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