He continues to pound gold In Egypt, the scene of interest in the Egyptian goldsmiths market was at the forefront during today’s trading, Monday, April 13, 2026, as investors are closely monitoring its price movements, which have become closely linked to the accelerating geopolitical changes.
This interest comes in light of a state of anticipation for the results of the temporary truce between the United States and Iran, which directly affects risk appetite in global markets and pushes savers towards gold as a main tool for preserving the value of the currency.
The price of the gold pound in the local markets recorded a state of relative stability coinciding with the calm in global trading, stable at the same previous closing levels without noticeable changes.
The pricing of the gold pound in Egypt depends mainly on the price of 21 carat, in addition to the exchange rate of the dollar against the pound, which explains the current state of stability witnessed by the local market despite the slight fluctuations in international stock markets.
Economic forecasts indicate that the gold pound may target new record price levels during the coming period, driven by the possibility of a return to military escalation in the region.
Experts believe that the continued state of uncertainty may push gold prices locally to rise significantly, as the gold pound is expected to follow the global rise of the ounce, especially with the increasing demand for it as it is the best safe haven for individuals in times of crises and wars.
The size of global supply and inflation rates also play a fundamental role in determining the next direction of the market, as observers await any signals from central banks regarding monetary policies. In light of the current scenarios for the year 2026, the gold pound remains the most attractive investment option in Egypt, with strong bets on achieving significant gains if the geopolitical tensions that support the rise of the yellow metal continue globally.
