Egyptian gold bar prices steady on June 7, 2026
On Sunday, 7 June 2026, gold bar prices in Egypt showed little change across all sizes. A 1‑gram bar was priced at 7.592 EGP, 2.5 g at 18.805 EGP, 5 g at 37.471 EGP, 10 g at 74.921 EGP, 20 g at 149.793 EGP, 50 g at 374.157 EGP and 100 g at 748.114 EGP. The 24‑carat gold spot rate was recorded at 7,411 EGP for buying and 7,342 EGP for selling, while 22‑carat stood at 6,793 EGP/6,731 EGP and 21‑carat at 6,485 EGP/6,425 EGP. The most‑traded 18‑carat piece was priced at 5,558 EGP for buying and 5,507 EGP for selling.
Internationally, gold’s spot price fell sharply, reaching about $4,328 per ounce, a decline of more than 3% on the day. U.S. labor data showing a larger‑than‑expected job increase reinforced expectations of prolonged tight monetary policy, with markets pricing a 68% chance of a 25‑basis‑point rate hike in December.
These stable local prices come amid broader global price pressures and heightened expectations for higher U.S. interest rates.