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Wednesday's gold prices: 21K at 6,260 EGP
Gold prices in Egypt remained stable today, Wednesday, September 16, 2026, amid anticipation of the U.S. Federal Reserve's decision regarding interest rates and its impact on the precious metal market. The price of a gram of 24-karat gold was approximately 7,152 Egyptian pounds, while 21-karat gold reached 6,260 pounds, and 18-karat gold stood at 5,368 pounds. The price of a gold pound was around 49,975 pounds. Globally, gold prices declined to approximately $4,268 per ounce after breaking a support level at $4,310. The increase in U.S. bond yields also reduced gold's appeal as a non-yielding investment, affecting its stability and causing price fluctuations.
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