Gold Prices in Egypt Stabilize Today, Sunday, November 15, 2026, Amid Local and Global Anticipation

Sunday 15 November 2026 07:13

Price Stability in Gold Shops

Gold prices in Egypt experienced notable stability during today's trading, Sunday, November 15, 2026, compared to yesterday's levels. This comes amid a state of caution and anticipation dominating the gold market following a sharp wave of declines witnessed by the yellow metal this week, which pushed 21-karat gold below the EGP 6,000 level.

Today's Gold Price Details

Prices for various karats in the local market stabilized as follows:

24-karat: EGP 6,811

21-karat: EGP 5,960

18-karat: EGP 5,109

14-karat: EGP 3,973

Gold Pound: EGP 47,680

Global Outlook and US Interest Rate Pressures

Globally, the gold ounce sought to recover during Friday's session, rising by 0.6% to record $3,923 after steep drops. However, it remains on track to record weekly losses exceeding 4% (losing around $300) after breaking key support levels. These pressures are driven by market expectations of a 25-basis-point US interest rate hike at the upcoming December meeting, which reduces the appeal of gold as a non-yielding asset, amid ongoing anticipation of dollar movements and global monetary policy.