Gold prices witnessed an unprecedented surge on Wednesday as the global gold ounce broke above the $5,295 mark for the first time in history. Government statements triggered a sharp decline in the US dollar, pushing investors toward gold as a safe haven 🔥💰
In Egypt, gold prices also climbed sharply today, Wednesday, January 28, 2026, after experiencing strong volatility in recent days. The rise comes as markets closely await the outcome of the US Federal Reserve meeting, which plays a crucial role in shaping currency and commodity movements worldwide 📊🌍
Today’s gold prices in Egypt recorded the following levels:
24K gold reached 8,074 EGP.
21K gold stood at 7,065 EGP.
18K gold recorded 6,055 EGP.
The gold pound reached 56,520 EGP.
The 24K gold price continues to maintain its gains in the Egyptian market, supported by global gold stability above the $5,295.50 level, despite slight pullbacks from recent historic highs due to limited profit-taking ⚖️✨
Globally, gold remains a top choice for investors as trade tensions escalate and new tariff threats emerge, strengthening demand for the precious metal and helping prices remain stable at elevated levels worldwide 🌎📈
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