Sunday 15/March/2026 – 12:53 AM
I witnessed Gold prices There is a state of stability in Egypt during the beginning of trading today, Sunday, March 15, 2026, in parallel with local markets following global economic developments. The precious metal is affected by several major factors, most notably global interest rates and inflation rates, in addition to geopolitical tensions, especially the recent escalation between the United States and Iran.
According to the latest market updates, the price of 21 carat gold – the most traded in the Egyptian market – stabilized at 7,410 pounds per gram.
Gold prices today in Egypt
- 24 karat: 8469 pounds
- Caliber 21: 7410 pounds
- 18 caliber: 6351 pounds
- Gold pound: 59,280 pounds
- An ounce globally: $5018
At the global level, gold is facing some pressure as a result of the rise in the dollar and the decline in expectations for a reduction in US interest rates, as the continuation of high interest rates reduces the attractiveness of gold as an asset that does not generate a return for its holders, which increases the opportunity cost of investing in it and limits the demand for it compared to other investment tools.
On the other hand, gold is supported by the escalation of military tensions in the Middle East, in addition to the uncertainty associated with American trade policies, which affects investor sentiment globally and prompts some to resort to safe havens such as gold.
