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Gold prices in Egypt experienced noticeable declines today, Thursday, June 11, 2026, due to a drop in the global ounce price following the release of U.S. inflation data, which reinforced expectations that interest rates will remain high for a longer period. The price of a gram of 24-karat gold reached approximately 7,006 EGP, 21-karat around 6,130 EGP, and 18-karat about 5,254 EGP, while the price of the gold pound fell to roughly 49,040 EGP. Markets are anticipating that Federal Reserve decisions will influence price movements in the coming period.
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