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Egypt gold prices October 6 2026

Egypt gold prices October 6 2026

Gold prices in Egypt today, Tuesday, October 6, 2026, show relatively stable levels. The 21-karat gold sells for approximately 6,140 Egyptian pounds, making it the most traded karat among consumers. The 24-karat gold price is around 7,017 pounds, while the 18-karat gold is approximately 5,263 pounds. Globally, gold prices have decreased by 0.3%, reaching about $4,128.69 per ounce, due to the strength of the dollar and rising U.S. Treasury bond yields. Market expectations of a potential interest rate hike in the United States heavily influence gold’s appeal as a safe haven investment. Recent data indicating a slowdown in U.S. job growth, combined with high probabilities of an interest rate increase in December, are putting additional pressure on gold prices.

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