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اليوم السابع
اليوم السابع
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Gold prices in Egypt rose today, Friday, October 16, 2026, by approximately 10 Egyptian pounds. The price of 21-karat gold reached about 6,250 pounds. The increase continues globally due to geopolitical tensions and forecasts that the price of an ounce could reach $6,000 in 2026. This comes amid the U.S. Federal Reserve's first interest rate hike in three years, aimed at combating inflation, which is expected to rise due to increasing oil prices and the ongoing tensions between the United States, Israel, and Iran.
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