Gold prices in Egypt drop again

Gold prices in Egypt experienced a relative decline today, Monday, July 20, 2026, at the start of trading, influenced by the global drop in gold prices and escalating tensions in the Middle East. The price of a gram of 24-karat gold was approximately 6,686 Egyptian pounds for selling and 6,629 pounds for buying. Meanwhile, 18-karat gold was around 5,014 pounds for selling and 4,972 pounds for buying. The popular 21-karat gold price stood at about 5,850 pounds for selling and 5,800 pounds for buying. The gold pound remained steady at 46,800 pounds for selling and 46,400 pounds for buying. Globally, the price of gold fell by 0.4% to approximately $4,000.55 per ounce, amid rising oil prices that exceeded $90 per barrel and forecasts of further global economic tensions.

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