Local traders reported a notable increase in prices across all karats, reflecting the rising cost of gold on the international market against the US dollar. Analysts noted that investor caution remains high amid ongoing global financial uncertainty.
According to market data, current gold prices in Egypt are
as follows:
24-karat: 6,805 EGP/gram
21-karat: 5,955 EGP/gram
18-karat: 5,104 EGP/gram
Gold Pound (21-karat): 47,640 EGP
In 2026, gold continues to be a primary savings tool for
both individual and institutional investors in Egypt. Local prices are closely
tied to international fluctuations, specifically US interest rate projections
and the performance of the USD.
Retailers noted that the final consumer price varies slightly across different governorates due to "workmanship fees", which differ based on the intricacy of the jewelry and the specific retailer.