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بوابة أخبار اليوم
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Gold pound price drops sharply on June 5
On Friday, June 5, 2026, the price of the gold pound in Egypt experienced a significant decline, dropping by approximately 1,320 pounds to reach 51,720 pounds. This decrease was influenced by fluctuations in global stock markets and the exchange rate of the US dollar. The price of 21-karat gold, used in the making of the pound, decreased by about 165 pounds, reaching 6,465 pounds without manufacturing costs, down from an opening price of 6,630 pounds. The gold pound is made from 21-karat gold weighing 8 grams and is characterized by its low manufacturing costs and the possibility of recovering a portion of those costs.
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