Gold Prices Extend Decline in Egypt as Global Bullion Falls

Gold prices in Egypt continued to fall during evening trading on Friday, October 2, 2026, tracking a decline in the international market.
The global price of gold stood at $4,138.52 an ounce, putting pressure on the precious metal in the Egyptian market.
The evening downturn extended losses seen earlier in the day, with local prices remaining sensitive to movements in global bullion.
Dollar movements were also cited as a source of pressure on gold prices. No updated dollar exchange rate or retail prices for individual gold carats in Egypt were provided.
This is an automated summary from the available headline and excerpt, not the full story or a claim of human review.
Latest Economy — refreshed every 30 minutes
News refreshes automatically every 30 minutes. Every headline opens inside Trend Masr.
