Egypt gold prices May 30 2026
Gold prices in Egypt experienced a cautious stability at the 21-karat level, reaching approximately 6,775 Egyptian pounds per gram, amid a decline in purchasing demand during the Eid al-Adha holiday. The prices of the precious metal decreased in May due to the performance of the global ounce and local market disturbances, although the gold ounce concluded May trading with an increase at about $4,556, despite a monthly loss of 1.2%. Prices are expected to remain stable, with a slight movement possible at the beginning of June, along with expectations of an increase in craftsmanship fees on gold jewelry.
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