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Source:
المصري اليوم
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Gold prices decline on September 18
Today, Friday, September 18, 2026, the gold price in Egypt's local market experienced a decline. The price of a 21-karat gold gram dropped by about 15 Egyptian pounds, reaching approximately 6,350 pounds. This decrease comes after the U.S. Federal Reserve's decision to raise interest rates to combat ongoing inflation. Additionally, the price of a gold pound fell by approximately 120 pounds, now around 50,800 pounds. The price of 18-karat gold remained stable at 5,442 pounds. It was also noted that prices may vary slightly between different governorates. Globally, the price of an ounce stood at $4,347.
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