Gold price in Egypt Friday 10/04/2026

As we navigate the financial landscape of April 2026, the Egyptian gold market continues to serve as a critical barometer for the nation's economic stability. Investors and consumers alike are closely monitoring the daily fluctuations in metal values, which remain a preferred hedge against inflation and currency volatility. This comprehensive gold price tracking service is proudly provided by Amtalek, your trusted source for real-time market data and financial insights in Egypt.

Gold Prices in Egyptian Market Today

Gold prices in Egypt are influenced by a complex interplay of local demand, international spot prices, and the ongoing movement of the Egyptian Pound against major foreign currencies. As of Friday, 10/04/2026, the market reflects the latest adjustments based on global trading sessions. It is important to note that the prices listed below represent the base market rates; consumers should expect slight variations when purchasing jewelry due to "labor costs" (known locally as masnogia), which vary significantly between retailers and the complexity of the gold design.

Carat	Buy (EGP)	Sell (EGP)
24 Carat	8217	8161
22 Carat	7532	7481
21 Carat	7190	7141
18 Carat	6163	6121
12 Carat	4108	4080
Gold Ounce (Troy Ounce)	255577	253835
Gold Pound (8g of 21 Carat)	57520	57128

Highest and Lowest Gold Prices Today

Analyzing today's market data reveals clear distinctions between the various gold purities:

Highest Price: As expected, 24-carat gold commands the highest value in the market, sitting at 8217 EGP for purchase. This is due to its 99.9% purity, making it the standard for investment-grade bullion.
Lowest Price: Among the standard carats listed, 12-carat gold represents the lowest price point at 4108 EGP, reflecting its lower gold content and higher alloy mixture.
Price Spreads: The gap between 21-carat gold (the most popular choice for jewelry in Egypt) and 18-carat gold is approximately 1027 EGP. This spread is vital for consumers deciding between investment value and durability for daily wear.

Factors Affecting Gold Prices in Egypt

The pricing of gold in the Egyptian market is not isolated; it is deeply connected to several macroeconomic variables:

USD/EGP Exchange Rate: Because gold is priced in US Dollars globally, the strength of the Egyptian Pound remains the single most influential factor. Any fluctuation in the exchange rate directly impacts the local price of gold.
Global Market Trends: The international spot price, driven by major exchanges in London and New York, dictates the baseline. When global uncertainty rises, gold typically gains value as a "safe-haven" asset.
Central Bank Policies: Interest rate decisions by the Central Bank of Egypt influence investor sentiment. Higher interest rates on savings certificates can sometimes pull liquidity away from the gold market.
Inflation and Economic Conditions: Persistent inflation often drives domestic demand for gold as individuals look to preserve their purchasing power.
Geopolitical Tensions: Regional and global conflicts historically trigger a flight to safety, increasing demand for gold bullion and coins, thereby driving up prices.

Gold Price Forecast

Looking ahead, market analysts suggest that the trajectory of gold prices in Egypt will remain highly sensitive to the global economic recovery phase and domestic monetary policy. With the current market volatility, it is recommended that investors maintain a long-term perspective. While short-term fluctuations are expected to continue, gold remains a cornerstone of a diversified financial portfolio in Egypt. We advise our readers at Amtalek to keep a close watch on international market openings and local news for any shifts in fiscal policy that could trigger rapid price adjustments in the coming days.

Disclaimer: This report is for informational purposes only. Gold prices are subject to change throughout the day. Please consult with authorized gold dealers before making significant financial decisions.