}

Gold prices climb on September 16 as investors eye Fed rate

Updated 9/16/2026 12:58:00 PM
Gold prices climb on September 16 as investors eye Fed rate

Arab Finance: Gold prices jumped during Wednesday’s session, September 16, as investors awaited the US Federal Reserve's upcoming decision on interest rates for further direction.

The international ounce amounted to $4,343.6 for buying and $4,343.3 for selling.

In Egypt, the 24-karat price recorded EGP 7,251 for purchase and EGP 7,146.98 for sale, according to Dahab Masr data at 3:21 PM.

Meanwhile, the 21-karat gold hit EGP 6,345.27 for buying and EGP 6,254.23 for selling.

The 18-karat reached EGP 5,438.89 for buying and EGP 5,360 for selling. 

Related News

Gold prices fall on November 8 Updated 11/8/2026 3:31:00 PM
Gold prices slightly up on November 3 Updated 11/3/2026 3:55:00 PM
Gold prices hold steady on November 2 Updated 11/2/2026 3:48:00 PM
Gold prices fall on November 1 Updated 11/1/2026 3:59:00 PM