I settled down Gold prices today, Sunday June 21, 2026 in Egypt during evening trading, coinciding with the continuation of the global stock exchange holiday and the cessation of trading in the ounce, which led to a calm in the movement of the precious metal locally, amid investors’ anticipation of the resumption of global trading at the beginning of the week.
And he scored 21 karat gold priceIt is the most traded in the Egyptian market, at about 5,975 pounds per gram, while the price of 24 karat gold reached about 6,829 pounds per gram, and 18 karat gold reached about 5,121 pounds per gram, while the price of the gold pound stabilized at 47,800 pounds.
Gold prices today in Egypt
Gold prices today, Sunday, June 21, 2026, are as follows:
– The price of 24 karat gold: 6829 pounds per gram.
– Price of 21 carat gold: 5975 pounds per gram.
– Price of 18 karat gold: 5121 pounds per gram.
The price of the gold pound: 47,800 pounds.
Why did gold prices stabilize today?
Stability came Gold prices in Egypt As a result of the cessation of global trading in the precious metal due to the weekend, the ounce maintained its recent closing levels without any significant changes that were reflected in the local market.
Investors and traders in the gold market are awaiting the return of global trading tomorrow, Monday, to follow price trends in light of the continued uncertainty regarding US monetary policy and interest rate expectations.
Global gold price forecast
In the latest forecasts, Goldman Sachs lowered its estimate for the price of gold to $4,900 per ounce by December 2026, compared to its previous forecast of $5,400, with US interest rates expected to continue at their current levels during the current year.
On the other hand, Wells Fargo Bank raised its forecast for gold prices to between $5,300 and $5,500 per ounce by the end of the year, with the possibility of reaching levels between $5,800 and $6,000 per ounce by the end of 2027.
Analysts believe that gold still maintains its appeal as a safe haven despite the pressures resulting from rising bond yields, especially in light of continuing global economic and geopolitical tensions.
Gold price forecast in Egypt
Traders expect that gold prices in Egypt will move in the coming days according to global ounce trends after the return of trading, in addition to the effects of the dollar exchange rate and demand levels in the local market, which makes investors watch for any new variables that may affect the movement of the precious metal.
