Gold prices on September 18, 2026

Gold prices in the Egyptian market remained stable today, Friday, September 18, 2026, with all denominations and the gold pound holding at yesterday's levels. The 24-karat gold was priced at approximately 7,262 Egyptian pounds, the 21-karat at around 6,370 pounds, and the 18-karat at about 5,478 pounds. The price of the gold pound reached 50,085 pounds. Currently, gold prices in Egypt fluctuate based on global ounce movements and the USD exchange rate, with the market awaiting the results of U.S. monetary policy and its impact on local gold prices. Globally, the ounce attempted to regain important technical levels after falling to its lowest in about a month and a half, rising by 1.1% to approximately $4,335, as it tested a support zone between $4,330 and $4,310. The dollar remains above 52 pounds in the banking market, which supports local gold prices despite fluctuations, especially with strong movements in international markets driven by U.S. interest rate hikes and hot money inflows. Additionally, a ban was announced on consumer finance companies from funding gold purchases; this decision impacts demand mechanisms, particularly amidst price volatility and the current market conditions.

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