Gold prices in Egypt dip Thursday

The gold price in Egypt decreased during midday trading on Thursday, October 22, 2026, by about 25 Egyptian pounds per gram. The 14-karat gold dropped to 4,190 pounds, 18-karat to 5,387 pounds, 21-karat to 6,285 pounds, and 24-karat to 7,182 pounds. Additionally, the price of the gold pound fell to 50,280 pounds. A 10-gram gold bar is valued at approximately 71,820 pounds, while a 50-gram bar is around 359,100 pounds. The ounce price also declined to about $4,086, reflecting an approximate 1.30% decrease globally, according to data from Bloomberg.