Samia al - Faqi
Gold prices on the Egyptian market stabilized during today ' s dealings Friday, 12 June 2026, while stabilizing time in world markets, in the middle of an investor-controlled forecasting situation, following up on developments in negotiations between the United States and Iran, as well as evaluating the course of the United States monetary policy in the coming period.
The 24 caliber gold price recorded about 7160 pounds, 22 calories around 6563.25 pounds, 21 calories most traded in the local market - about 6265 pounds, while the 18 caliber price was about 537 pounds, and the gold foetus recorded about 50120 pounds.
The stability of gold prices has been balanced by two major factors; the first is a reversal of geopolitical concerns with growing expectations of understandings or calming between the United States and Iran, which reduces the demand for gold as a safe haven, and the second is a continuation of tensions and a complete lack of visibility, thus supporting investors ' survival in the precious metal market.
At the same time, markets continue to monitor the directions of American monetary policy, following the postponement by the Bank of the United States of America of its expectations for the start of the cycle of interest rate reduction to March 2027, based on the continued strength of the United States labour market and high basic inflation.
Andrew Dubinski, the Bank ' s economist, said that the current forecast indicated a longer-than-expected monetary policy, with interest reduction opportunities falling during 2026, before the start of the cash-flow course in 2027.
In the coming period, investors see any new developments in American-Iranian relations, along with American economic data, as they have a direct impact on global and local gold movements, especially since yellow metal remains one of the most sensitive assets of geopolitical changes and interest rate projections.
