Gold Price in Egypt Today, Wednesday, February 18, 2026

Global Gold Price 

Gold prices rose today, Wednesday, surpassing $4,900 after yesterday's declines, as investors bought today amid thin trading due to the Lunar New Year holiday in Asia.

Gold prices are currently at $4,920 per ounce.

Expectations of interest rate cuts remain a key factor in any future rises in gold, as lower borrowing costs support non-income-generating assets like gold.

In the long term, major banks still anticipate renewed gains, given the ongoing geopolitical tensions, concerns about the Federal Reserve's independence, and investors diversifying their portfolios away from sovereign bonds and currencies.

Investors are awaiting the release of the Federal Reserve's meeting minutes today for further clues about interest rate expectations.

Gold Prices in Egypt

Gold prices in Egypt rose today, Wednesday, after yesterday's declines. The price of 21-karat gold, the most traded in Egypt, reached 6,565 Egyptian pounds.

The price of 24-karat gold is trading at 7,503 Egyptian pounds, while 18-karat gold is trading at 5,627 Egyptian pounds per gram.

On the other hand, the price of the goldsmith's dollar fell today to 47.40 Egyptian pounds, while the official exchange rate in Egyptian banks remained stable at 47.07 Egyptian pounds. The dollar is also trading on the black market at 47.33 Egyptian pounds.

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