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Gold price June 6, 2026: 24K at 7,371 EGP
Gold prices in Egypt today remained relatively stable, with 24-karat gold around 7,371 Egyptian pounds, and 21-karat gold approximately 6,450 pounds. There was a 19% decrease in demand for gold jewelry during the first quarter of 2026 compared to the same period last year, due to declining purchasing power. Factors supporting the gold price include military tensions in the Middle East, uncertainty in US trade policies, as well as price fluctuations driven by global market developments, supply, and demand.
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