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Source:
صدى البلد
Gold prices at shops: 7,154 EGP for 24k
The gold price in Egypt stabilized on June 16, 2026, with the price of a gram of 24-karat gold reaching approximately 7,154 Egyptian pounds. The more commonly traded 21-karat gold was valued at around 6,260 pounds, while 18-karat gold stood at about 5,365 pounds. The price of a gold ounce (the coin) was approximately 50,080 pounds. Price movements are expected to remain limited, given the market's link to global gold prices and the dollar exchange rate, with geopolitical tensions and monetary policies influencing the trend of this precious metal.
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