Gold Prices Today, Thursday, March 26, 2026
Global Gold Prices
Gold prices fell by more than 2% on Thursday to below $4,500 per ounce, with prices currently trading near $4,430 per ounce, following a two-session rally, as conflicting statements from the United States and Iran regarding potential peace talks continue to destabilize financial markets.
Washington confirmed that negotiations are underway, with reports indicating that the Trump administration sent a 15-point proposal to Iran via Pakistan aimed at resolving the conflict and reopening the Strait of Hormuz.
However, Iran stated that it has no intention of holding talks with the United States, that it will reject the U.S. ceasefire offer, and that it will set its own conditions, including sovereignty over the strategic waterway.
The United States is also deploying thousands of troops to the Middle East, which has heightened fears of a potential ground invasion.
Gold has come under heavy selling pressure this month, as sharp rises in energy prices—linked to the fallout from the Iran conflict—have fueled inflation fears and prompted major central banks to adopt tighter monetary policies.
Volatility is likely to continue until the situation in the Gulf begins to improve, but if genuine corrective measures are taken, gold prices are likely to benefit.
Gold Prices in Egypt
Gold prices in Egypt fell on Thursday, with the price of 21-karat gold—the most traded in Egypt reaching 6,760 pounds.
The price of 24-karat gold is trading at 7,726 pounds, while 18-karat gold is trading at 5,794 pounds per gram.
On the other hand, the price of the gold dollar rose today to 54.2 pounds, with the dollar rising to 52.84 pounds at official banks in Egypt.
The dollar also rose in the parallel market and is now trading at 53 pounds.
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