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Gold prices in Egypt today, Thursday, August 13, 2026, experienced a slight decline of about 5 Egyptian pounds per gram, due to a drop in global gold prices resulting from geopolitical developments that pushed the gold ounce to its lowest level since mid-January 2026. The prices for different karat values ranged between buying and selling, with 24-karat gold selling at 7,171 pounds and buying at 7,125 pounds; 21-karat gold selling at 6,275 pounds and buying at 6,235 pounds; and 18-karat gold selling at 5,379 pounds and buying at 5,343 pounds. The gold pound's selling price stood at 50,200 pounds, and the ounce at $4,376. Despite this, domestic demand is gradually improving, especially for gold bars and coins, as consumers shift towards investment amid decreasing interest in jewelry. Experts recommend purchasing in stages, monitoring the dollar exchange rates and interest rates, setting clear investment goals—whether for long-term savings or short-term trading—and avoiding haphazard selling to capitalize on lower price levels.
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