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المصري اليوم
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Gold prices climb globally after weekend
Gold prices worldwide remained relatively stable today, Monday, October 12, 2026, after a slight increase on Friday. The price of an ounce of gold stood at $4,195, as investors await U.S. inflation data and Federal Reserve moves. Locally in Egypt, gold prices held steady, influenced by fluctuations in the global ounce price and the dollar exchange rate. The price of a 21-karat gram reached approximately 6,190 Egyptian pounds, and the gold pound was valued at 49,520 pounds. Weekly gains were modest, around 1.3% globally, while demand for gold as a store of value and inflation hedge remains high despite rising prices.
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