Ready to play
Ready to play
The gold market in Egypt experienced a slight increase in the yellow metal prices today, Saturday, September 12, 2026. The price of a gram of 24-karat gold rose by 25 pounds, reaching 7,160 EGP for sale and 7,126 EGP for purchase. Meanwhile, the price of 21-karat gold stood at 6,265 EGP for sale and 6,235 EGP for purchase, and 18-karat gold was priced at 5,370 EGP for sale and 5,344 EGP for purchase. Volatility in global markets continued due to geopolitical developments, leading to the price of an ounce of gold dropping to its lowest level since mid-January 2026. On the local level, demand indicators have begun to recover gradually, as consumers tend to prefer bullion bars and gold coins for investment and savings. Experts advise against hasty selling and recommend staggering purchase transactions, while monitoring the impact of the dollar and interest rates on gold prices. They also emphasize investing in a manner aligned with long-term goals or quick speculation.
Notice: This Is an AI-Generated Summary
Comments (0)