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Gold price today October 5 2026

Gold price today October 5 2026

The price of gold in Egypt today, Monday, October 5, 2026, records a 21-karat gold price of 6,140 Egyptian pounds without workmanship fees. There has been a 19% decline in demand for gold jewelry during the first quarter of 2026 compared to the last quarter of 2025, due to reduced purchasing power. Globally, gold prices are influenced by the rising dollar and expectations of no interest rate cuts in the US, as a stronger dollar exerts downward pressure on prices, while military tensions in the Middle East and political uncertainty support gold's value.

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