12 Hrs
Source:
اليوم السابع
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Source: اليوم السابع
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Gold prices in Egypt were steady on Monday, November 2, 2026. A gram of 24-karat gold was priced at around 7,017 pounds, 21-karat at 6,140, 18-karat at 5,263, and 14-karat at 4,093 pounds, while the gold pound reached 49,120 pounds. During October, the price of 21-karat gold rose by about 55 pounds, or 0.9%, despite a 6.8% decline in the global gold price, which fell by around $284 per ounce. The impact was limited by the dollar’s 7.1% rise against the Egyptian pound. The gold division attributed the decline in the global gold price to higher oil prices, inflation concerns, and continued uncertainty over U.S. monetary policy. It noted that the exchange rate and movements in the global gold price are among the main factors affecting the domestic market.
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