Samia al - Faqi
Egypt ' s gold price declined today, Friday, 8 May 2026, at an average of 10 pounds at various calibres, with a 21 price of about 7015 pounds per gram.
The report is as follows:
Gold price 24:8017 pounds.
Gold price 21: Pound7015.
Gold price 18: 6012 pounds.
Gold pound price: £56120
Gold prices in Egypt were markedly high during yesterday ' s Thursday dealings, as gold prices rise globally.
At its last meeting, the United States federal reserve decided to stabilize interest rates on the dollar, leaving at 3.5%, especially in the light of uncertainty with the situation of anticipation of the developments in the Middle East war.
The repercussions of the Israeli-American war on Iran remain the most important economic files affecting the decisions of the central banks under expectations of high inflation as a result of the increase in oil prices to over $100 per barrel.
The United States federal reserve is aimed at lowering the level of inflation – price rise – up to 2 per cent sought by the Bank.
Projections suggest that gold prices rise in the new year 2026 to $6,000 for condoms as a result of geopolitical tensions and trade warfare, as well as continued global interest rate reductions
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