Egypt Gold Prices Fall on September 22
A slight decline in gold prices in Egypt today, Tuesday, September 22, 2026, with the 21-karat gold selling at approximately 6,325 Egyptian pounds and buying at 6,275 pounds. Despite this, gold prices rose globally by 0.3%, reaching around $4,357 per ounce, driven by a decline in 10-year U.S. Treasury bond yields. Locally, gold prices are linked to U.S. interest rates; the decrease in yields supports the metal's appeal as a hedge against inflation and geopolitical risks, especially as the market awaits monetary policy directions and their impact on the dollar and bond yields.
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