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اليوم السابع
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Gold exceeds 7000 EGP per gram in Egypt
Gold prices in Egypt remained steady at high levels during today's trading Saturday, September 12, 2026. This stability was influenced by the global rise in prices following the release of U.S. inflation data, which showed the Consumer Price Index increasing by 0.3% month-over-month and 3.4% year-over-year. The price of 24-karat gold reached 7,222 Egyptian pounds, while 21-karat gold was sold at 6,320 pounds, and 18-karat gold at 5,418 pounds. The price of a gold pound stood at 50,560 pounds. In the local market, price movements depend on international gold rates, the exchange rate of the dollar, and supply and demand factors. Market participants are closely watching the Federal Reserve's upcoming interest rate decisions, which directly impact gold prices both globally and locally.
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