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Gold at 7,046 pounds without fees
The gold price in Egypt today reflects relative stability and is supported by escalating military tensions in the Middle East and uncertainty in American trade policies. Global demand for gold increased by 2% in the first quarter of 2026, reaching 1,230.9 tons, with central bank purchases rising by 3% and jewelry demand decreasing by 23%. The price per gram of 24-karat gold is 7,046 pounds, while 21-karat jewelry costs 6,165 pounds, and 18-karat gold is valued at 5,284 pounds. The price of a gold pound stands at 49,320 pounds. Gold is considered a hedge against inflation and economic instability, with its daily price fluctuating by about 15 to 20 pounds due to global market developments, supply, and demand.
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