FinanceJul 28, 2026
XAU — EGYPTIAN GOLD PRICE TESTS 6,000 EGP/GRAM THRESHOLD AMID STRONG LOCAL DEMAND
BullishFinance
The price of 21-karat gold in Egypt is testing the key resistance level of 6,000 EGP per gram, opening the day's trading at that mark. The local market has outperformed global prices, rising 6.4% since the beginning of July, driven by a surge in demand for jewelry and bullion during the summer holiday season and a premium on the local currency exchange rate.
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