Gold prices fall further on June 17

On Wednesday, June 17, 2026, the gold price in the Egyptian market declined due to a drop in the global price of the metal. The price of a 21-carat gram decreased by about 60 pounds, reaching 6,240 pounds. Additionally, the price of a gold pound dropped by 480 pounds to approximately 49,920 pounds. The price of 18-carat gold remained stable at 5,348 pounds, while 24-carat gold stood at around 7,131 pounds. It was announced that the actual prices may vary slightly across different governorates.

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