I settled down Gold prices in the Egyptian market During today’s trading, Sunday, June 21, 2026, coinciding with the close of global trading in the precious metal and the continuation of the weekend on international stock exchanges, gold maintained its current levels without noticeable changes.
And he scored Price of a gram of 21 carat goldThe most widely traded in the Egyptian market was about 5,975 pounds, while the price of a gram of 24 karat gold was about 6,829 pounds, and 18 karat gold was about 5,121 pounds, while the price of a gold pound settled at 47,800 pounds.
Gold prices today in Egypt
– 24 karat: 6829 pounds per gram.
– Carat 21: 5975 pounds per gram.
– 18 karat: 5121 pounds per gram.
– Gold pound: 47,800 pounds.
Gold closes its week in anticipation of US interest rate decisions
She finished Global markets gold trading Weekly, amid investors’ anticipation of the path of US monetary policy during the coming period, especially after the Federal Reserve fixed interest rates and the continued uncertainty regarding the date of the start of the interest rate reduction cycle.
In this context, Goldman Sachs Bank reduced its expectations for the price of gold to $4,900 per ounce by December 2026, compared to its previous expectations of $5,400, based on expectations that US interest rates will continue at high levels for a longer period.
On the other hand, Wells Fargo Bank raised its forecast for the price of gold to between $5,300 and $5,500 per ounce by the end of the year, with the possibility of it rising to a range between $5,800 and $6,000 per ounce by the end of 2027, stressing that the recent declines represent a temporary correction within a long-term upward trend.
Investment demand in India has declined
Recent data showed the exit of investments worth $76 million from gold-backed investment funds in India during the month of May, which is the largest monthly outflow on record, which reflects the trend of some investors towards high-yielding assets, led by government bonds.
Gold price forecast in Egypt
Traders believe that gold prices in Egypt will remain linked to the movement of the global ounce with the resumption of trading tomorrow, Monday, in addition to developments in the dollar exchange rate and the volume of local demand, which puts the markets in a state of anticipation for the trends of the yellow metal during the new week.
