Egypt gold prices July 1 2026

Today in Egypt, Wednesday, July 1, 2026, gold prices experienced a slight decline at the start of trading, influenced by a global drop in the price of the yellow metal due to rising U.S. Treasury yields and decreased prospects of reaching a lasting peace agreement between America and Iran. This situation heightened inflation fears and continued monetary tightening. The price of 24-karat gold per gram was approximately 6,526 Egyptian pounds for sale and 6,469 pounds for purchase. Meanwhile, 18-karat gold was around 4,894 pounds for sale and 4,852 pounds for purchase, and the more popular 21-karat gold remained at about 5,710 pounds for sale and 5,660 pounds for purchase. The gold pound was priced at 45,680 pounds for sale and 45,280 pounds for purchase. Globally, gold prices fell by 0.7%, reaching $3,979.41 per ounce, the lowest level since November, with futures contracts dropping by 1.1%.

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