Gold price in Egypt Friday 03/04/2026

Date: Friday 03/04/2026

The Egyptian gold market continues to experience significant attention from both local investors and citizens looking to preserve their purchasing power. As we navigate the economic landscape of April 2026, tracking daily fluctuations has become a vital routine for those involved in the precious metals sector. This daily gold price service is provided by Amtalek to ensure that our readers have access to the most accurate and up-to-date market data to make informed financial decisions.

Gold Prices in Egyptian Market Today

Gold prices in the Egyptian market are subject to constant change, influenced by a complex interplay of local supply and demand dynamics, as well as broader international economic trends. It is important to note that the prices listed below represent the market average; however, these figures may vary slightly depending on the specific jeweler, the craftsmanship fees (known as "masnahiya"), and the region within Egypt. Investors are advised to consider these variables when calculating the total cost of their gold purchases or sales.

Carat	Buy (EGP)	Sell (EGP)
24 Carat	8166	8120
22 Carat	7486	7443
21 Carat	7145	7105
18 Carat	6124	6090
12 Carat	4083	4060
Gold Ounce (Troy Ounce)	253991	252560
Gold Pound (8g of 21 Carat)	57160	56840

Highest and Lowest Gold Prices Today

A detailed examination of today's market data reveals clear hierarchies in pricing based on gold purity. The 24-carat gold remains the highest-priced category, reflecting its status as 99.9% pure gold. Conversely, the 12-carat gold holds the lowest price point per gram, which is expected given its lower gold content compared to the higher-purity alloys.

The price difference between the 24-carat and 18-carat gold is quite notable, providing different entry points for various types of investors. While those seeking long-term value preservation often gravitate toward 24-carat bars or coins, those interested in jewelry often prefer 18-carat or 21-carat gold due to the durability provided by the alloyed metals.

Factors Affecting Gold Prices in Egypt

Understanding the fluctuations in the gold market requires a look at the various macroeconomic factors that dictate these prices:

USD/EGP Exchange Rate: As gold is priced in US dollars globally, the local exchange rate of the Egyptian Pound against the Dollar is the primary driver of domestic gold prices. Any devaluation or appreciation of the EGP has an immediate impact on the cost of imported gold.
Global Gold Market Trends: Egypt is an integral part of the global economy. Trends on the London Bullion Market and COMEX influence the price of the gold ounce, which sets the baseline for local pricing.
Central Bank Policies: Monetary policy, including interest rate decisions and liquidity management by the Central Bank of Egypt, plays a crucial role in shaping the investment appeal of gold versus other assets like certificates of deposit.
Inflation and Economic Conditions: In periods of high inflation, gold is historically viewed as a "safe haven" asset, leading to increased demand as individuals seek to hedge against the erosion of purchasing power.
International Demand and Supply: Global mining output and industrial demand for gold (such as in electronics or medical fields) influence the international spot price.
Geopolitical Tensions: Regional and global instability often lead to a "flight to safety," where investors move capital into gold, pushing prices upward during times of crisis.

Gold Price Forecast

Looking ahead to the coming days, market analysts suggest that gold prices in Egypt will likely continue to mirror international trends. Given the current economic climate, investors should remain cautious. If global geopolitical tensions persist or if there is further volatility in the currency markets, we may see upward pressure on gold prices. However, if international interest rates stabilize, the gold market might experience a period of consolidation. We recommend that our readers continue to monitor Amtalek daily to stay updated on these shifts and make well-informed investment decisions.

Disclaimer: This report is for informational purposes only. Gold prices are subject to change throughout the day based on market conditions, and individual jeweler prices may vary.