Gold Rises Again: Know Its Prices in Egypt Today, Wednesday
Gold prices have increased in Egypt following a drop due to previous market dynamics and upcoming Federal Reserve insights.
On February 18, 2026, gold prices experienced a resurgence in Egypt after a notable decline of over two percent in the previous session, which was largely attributed to progressing negotiations between the United States and Iran. The slight rebound indicates market volatility and a reactive buying pattern from investors keen on acquiring gold at favorable prices despite recent fluctuations. Moreover, markets are awaiting the release of the Federal Reserve's meeting minutes from January to gain clues regarding future interest rate trends, which could have significant implications for gold prices.
In the spot market, gold rose to $4,931.61 per ounce, alongside a rise in silver prices, reaching $75.72 per ounce. For Egyptian consumers, the price per gram for the most commonly traded gold type, 21-karat, was recorded at 6,650 Egyptian pounds on this Wednesday. With the ongoing global considerations affecting commodity prices, local fluctuations reflect both international market trends and domestic economic conditions, as gold remains a key investment avenue amidst uncertain economic climates.
The article further outlines specific gold prices in Egypt according to the 'iSaqa' website, including: 24-karat at 7,543 EGP, 22-karat at 6,914 EGP, 21-karat at 6,600 EGP, 18-karat at 5,657 EGP, and the gold pound priced at 52,800 EGP. These prices exclude manufacturing costs, stamping fees, and taxes, emphasizing the importance for consumers to consider additional expenditures when purchasing gold. The anticipated reactions to upcoming financial data and global discussions will continue to shape both local and international gold markets.