Egypt gold prices fall sharply
The price of gold in Egypt dropped by approximately 130 Egyptian pounds during midday trading on Wednesday, June 10, 2026, due to a 2.36% decline in the global ounce price, which fell to $4,160. The price of 14-karat gold reached about 4,146 pounds per gram, 18-karat gold was around 5,331 pounds, 21-karat gold was approximately 6,220 pounds, and 24-karat gold was about 7,108 pounds. The gold pound's price also decreased to 49,760 pounds. This decline coincided with a global drop in gold prices to $4,160 per ounce.
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