Egypt gold prices October 4 21-karat down

On Sunday, October 4, 2026, gold prices in Egypt experienced a slight decline at the start of trading, following a previous week that closed with an approximately 3.4% decrease globally due to rising US bond yields and a strong dollar, which impacted demand for the metal as a safe haven. The price of 24-karat gold per gram was around 7,022.7 Egyptian pounds for sale, while the preferred 21-karat in Egypt was approximately 6,145 pounds for sale. The price of a gold sovereign (24 grams) was about 49,160 pounds for sale. Internationally, the price of an ounce fell to roughly $4,140, with US bond yields remaining high at around 5.37%, which influences the cost of holding gold, despite ongoing demand from central banks and diversification of reserves to maintain price stability.

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