Egypt gold prices rise again

Gold prices in Egypt rose today, Monday, July 27, 2026, by more than 1.5%, influenced by a decline in global oil prices and calmness in Middle East tensions. This has reduced inflation concerns and expectations of interest rate hikes. The price of a gram of 24-karat gold reached approximately 6,874 Egyptian pounds for sale, while the 21-karat, preferred by Egyptians, was about 6,015 pounds for sale. The gold pound was priced around 48,120 pounds. Globally, the price of an ounce surged to $4,116, possibly reflecting a market shift towards safe-haven assets in response to geopolitical tensions, especially the conflict between the United States and Iran.

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