Gold prices rose on Sunday, February 22, 2026, as global stock markets stabilized following a third consecutive week of gains. The precious metal benefited from ongoing geopolitical tensions and differing expectations regarding U.S. Interest rate policy, which renewed its appeal as a safe-haven asset.
Gold Prices Today
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24-karat gold is currently trading at 7,954 Egyptian pounds.
21-karat gold is priced at 6,960 Egyptian pounds.
18-karat gold is selling for 5,966 Egyptian pounds.
The gold pound is valued at 55,680 Egyptian pounds.
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The price of a gold ounce globally increased by 1.3% during the past week, reaching a high of $5,108 – its highest level in a week. Trading closed at $5,108 per ounce, having opened the week at $5,017 per ounce.
The third consecutive weekly increase in gold prices indicates sustained demand despite the volatility observed since the end of January. This allowed gold to close the past week’s trading above the $5,108 per ounce level.
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