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Gold prices increased today, Friday, October 16, 2026. The price of 21-karat gold rose by 50 Egyptian pounds to reach 6,250 pounds for sale, up from 6,200 pounds yesterday. The price of 24-karat gold was approximately 7,142 pounds for sale and 7,085 pounds for purchase, while 18-karat gold was around 5,357 pounds for sale and 5,314 pounds for purchase. Additionally, the price of the gold pound increased to 50,000 pounds for sale and 49,600 pounds for purchase. The price of an ounce of gold rose to $4,180. This reflects a 0.2% increase in gold prices globally, along with rises in silver, platinum, and palladium prices.
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