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Gold prices in Egypt have experienced relative stability, with the price of 24-karat gold reaching approximately 7,137 Egyptian pounds per gram. The more commonly traded 21-karat gold has been priced at 6,265 pounds, and the 50,000-pound gold savings scheme (Genuine Gold) has reached 50,120 pounds. Internationally, demand for gold increased by 2% in the first quarter of 2026, reaching 1,230.9 tons, while demand for jewelry declined by 23%. These trends are supported by geopolitical tensions and expectations of rising value in safe-haven assets.
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