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Gold prices in Egypt on June 4
The article discusses gold prices in Egypt as of June 4, 2026, with 24-karat gold priced at approximately 7,554 Egyptian pounds. The 21-karat gold rate stands at 6,610 pounds, while 18-karat gold is valued at 5,666 pounds. The gold pound is estimated at 52,880 pounds. Prices have experienced daily fluctuations between 20 and 30 pounds due to global changes and demand movements. Gold prices increased over the past week and in February, supported by global gold price movements and a decline in the US dollar's exchange rate against the Egyptian pound. The local prices are expected to continue rising amid increasing tensions and global policies, potentially pushing gold prices toward levels around 7,500 pounds.
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