Gold Prices in Egypt Reach Highest Level in Two Weeks... Will the Rise Continue? 03.07.2026

Gold prices in the Egyptian local market continued to rise for the fourth consecutive session during trading today, Friday, July 3, 2026, recording their highest levels in about two weeks. According to an analysis by the Gold Billion platform, 21-karat gold opened today's trading at 5,880 Egyptian pounds per gram, before rising to approximately 5,900 pounds, after closing yesterday's trading at 5,810 pounds. This positive performance is attributed to the jump in global gold prices following US jobs data that showed a slowdown in hiring, which pressured the dollar and boosted demand for the precious metal.

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