Egypt Gold Prices August 17

Gold prices in Egypt on Monday, August 17, 2026, experienced relative stability at the start of trading. The price per gram of 24-karat gold was approximately 7,143 Egyptian pounds for sale and 7,086 pounds for purchase. For 18-karat gold, the prices were around 5,357 pounds for sale and 5,314 pounds for purchase. As for 21-karat gold, the most popular among Egyptians, the selling price was 6,250 pounds, and the buying price was 6,200 pounds. The gold pound was valued at 50,000 pounds for sale and 49,600 pounds for purchase. Globally, the price of gold rose to approximately $4,391 per ounce, driven by a decline in the dollar and expectations that the US will pause raising interest rates. This has boosted demand for the yellow metal and led to an increase in its prices.

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