Gold in Egypt today drops to 6245 pounds

Gold prices in Egypt declined today during midday trading on Sunday, June 14, 2026, following a week of sharp declines that pushed the metal to its lowest levels since mid-January 2026, amid a roughly 95 piasters drop in the local dollar exchange rate. The price of 21-karat gold reached approximately 6,245 Egyptian pounds per gram, while 24-karat gold was around 7,137 pounds, and 18-karat gold about 5,353 pounds. Expectations remain for further declines if market pressures continue. Demand for gold in the local market increased as prices approached the 6,000-pound mark, leading to reduced supply and the return of waiting lists among traders.

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