18-Carat Gold Priced at EGP 5,443 per Gram in Egypt

The price of 18-carat gold in Egypt stood at EGP 5,443 per gram, as global gold trading remained influenced by a strong US dollar and rising Treasury yields.

Continued dollar strength weighs on demand for gold by making the dollar-priced metal more expensive for buyers using other currencies.

Higher US Treasury yields also reduce gold’s appeal, increasing the opportunity cost of holding an asset that pays no interest.

Although gold is regarded as a safe haven, its lack of yield leaves it facing competition from interest-bearing investments. Dollar movements and Treasury yields therefore remain key factors shaping global demand.