Egypt gold prices Wednesday August 19

Gold prices in Egypt experienced a slight decline today, Wednesday, August 19, 2026, at the start of trading compared to yesterday's levels. Globally, gold prices rose in early Asian trading due to a decline in U.S. Treasury bond yields, while investors awaited the Federal Reserve's meeting minutes. In Egypt, the price of a gram of 24k gold was about 7,109 pounds for sale and 7,052 pounds for purchase. The 18k gold was priced at 5,332 pounds for sale and 5,289 pounds for purchase, while the more traded 21k stood at 6,220 pounds for sale and 6,170 pounds for purchase. The gold pound was valued at 49,760 pounds for sale and 49,360 pounds for purchase. On the global front, the spot gold price increased by 0.2% to $4,342.33 per ounce, while U.S. futures declined to $4,396.30, amidst falling U.S. Treasury yields, impacting the precious metal's price amid expectations that the Federal Reserve will pause on raising interest rates.

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