Gold prices reach new record high on Monday; ounce nears to $5,100

Updated 1/26/2026 2:15:00 PM
Gold prices reach new record high on Monday; ounce nears to $5,100

Arab Finance: Gold prices in Egypt hit a new record during Monday’s midday session, with the 24-karat registering EGP 7,796.93 for buying and EGP 7,742.08 for selling, as per Dahab Masr’s data.

By 1:54 pm, the 21-karat gold climbed to EGP 6,823 for buying and EGP 6,775 for selling.

Globally, the international gold ounce price recorded $5,095.8 for purchase and $5,095.2 for sale.

Reuters elaborated that the central banks and investors sought refuge from geopolitical risks and Trump-induced ‌market volatility.

It cited analysts who claimed that gold has more room to climb this year, potentially towards $6,000. 

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