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Gold price update: 18K at 5,387 pounds
The article concerns the latest gold prices in Egypt on October 19, 2026, with the price of 18-karat gold at 5,387 pounds per gram. Globally, gold prices are affected by the strength of the US dollar and rising bond yields, which reduce demand for gold as a safe haven. The international market is experiencing limited movements amid a state of anticipation and military tensions, with increased appetite for safe assets, leading to rapid waves of price increases and decreases. These developments occur against the backdrop of global and regional conditions that influence gold trade and its price stability.
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