Gold price today, Tuesday, March 10, 2026

Global gold price

Gold prices rise as dollar weakens and inflation fears ease

Gold prices rose as the dollar weakened and concerns about rising energy costs and inflation eased after President Trump said the war in Iran could end soon. Oil prices exceeded $100 per barrel, raising concerns about rising inflation and the possibility of postponing interest rate cuts in the United States, which negatively affected the precious metal that does not generate returns.

Traders are now awaiting the release of upcoming US inflation data, with the consumer price index due on Wednesday and personal consumption expenditure data on Friday, which is the Fed's preferred indicator for measuring inflation.

Gold prices in Egypt

Gold prices rose in Egypt on Tuesday, with 21-karat gold, the most traded in Egypt, reaching EGP 7,415.

The price of 24-karat gold is trading at EGP 8,474, while 18-karat gold is trading at EGP 6,356 per gram.

On the other hand, the price of the dollar is trading today at 50.90 pounds, with the price of the dollar rising within official banks in Egypt to 51.90 pounds, and the price of the dollar remaining stable on the black market, trading at 52.15 pounds.

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