Gold prices in Egypt: 14-karat gold reaches 4320 Egyptian pounds on June 7

youm7.com (Arabic)

Gold prices in Egypt saw a slight increase, with 14-karat gold reaching 4320 Egyptian pounds per gram on Sunday, June 7, 2026. Other gold karats also experienced balanced movements. This comes amid a reported decline in demand for gold jewelry in Egypt during the first quarter of the year, reflecting reduced purchasing power. Global factors like rising US interest rates and a strengthening dollar typically pressure gold prices, though regional military tensions and trade policy uncertainties offer some support.


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Gold prices in Egypt: 14-karat gold reaches 4320 Egyptian pounds on June 7 | News Minimalist