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Gold prices remained steady today, Saturday, September 26, 2026, in the local market at 21-carat, valued at 6,235 pounds per gram, with sideways movement continuing for the second consecutive day. The prices were supported by the stability of the dollar after it declined to below 52 pounds, coupled with investment inflows totaling around 1.5 billion dollars into the Egyptian debt market over the past three days. Globally, the ounce rose by approximately 0.5% to $4,297. However, the ongoing strength of the dollar and expectations of a US interest rate hike during the October meeting are exerting downward pressure on the appeal of the precious metal and influencing market movements.
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