Gold price in Egypt Friday 17/04/2026

As we navigate through the financial landscape of April 2026, the Egyptian gold market continues to serve as a critical barometer for the nation’s economic health. Investors and enthusiasts alike are closely monitoring the latest fluctuations to make informed decisions regarding their portfolios and savings. This daily gold price service is proudly provided by Amtalek, your trusted source for real estate and market intelligence in Egypt.

Today, Friday, April 17, 2026, the gold market in Egypt exhibits notable activity. Gold remains a preferred hedge against inflation and a cornerstone of personal wealth preservation for millions of Egyptians. As market dynamics shift, understanding the daily pricing structure becomes essential for both retail buyers and seasoned investors.

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, international market movements, and currency valuations. It is important for buyers to note that prices can vary slightly depending on the jeweler, the manufacturing fees (known as "masnagah"), and the specific region within the country. Below is the detailed breakdown of today’s gold prices across various karats.

Carat	Buy (EGP)	Sell (EGP)
24 Carat	8000	7954
22 Carat	7333	7291
21 Carat	7000	6960
18 Carat	6000	5966
12 Carat	4000	3977
Gold Ounce (Troy Ounce)	248828	247397
Gold Pound (8g of 21 Carat)	56000	55680

Highest and Lowest Gold Prices Today

Analyzing today's market data reveals a clear hierarchy in pricing based on the purity of the metal:

Highest Price: As expected, 24-carat gold commands the highest price point in the market, retailing at 8000 EGP for purchase. This reflects its status as the purest form of gold, often sought after by investors who prioritize bullion and investment bars.
Lowest Price: Among the standard karats listed, 12-carat gold represents the lowest entry point at 4000 EGP. This lower purity grade is typically utilized in specialized jewelry items.
Price Differentials: The gap between 18-carat and 21-carat gold—the most popular choices for jewelry in Egypt—remains significant, reflecting the intrinsic value difference of the gold content. The Gold Pound, which serves as a benchmark for small-scale investment, is currently priced at 56,000 EGP, providing a convenient vehicle for those looking to store value in 21-carat gold.

Factors Affecting Gold Prices in Egypt

The movement of gold prices within the Egyptian market is rarely isolated. Several macroeconomic factors contribute to the daily fluctuations witnessed today:

USD/EGP Exchange Rate: Because gold is priced internationally in US dollars, the strength of the Egyptian Pound against the dollar remains the most significant driver of local gold price volatility.
Global Gold Market Trends: Egypt’s local market is highly sensitive to the global spot price of gold (XAU/USD). Shifts in international central bank policies, particularly those of the US Federal Reserve, create ripple effects that reach the Egyptian souks.
Central Bank Policies: Decisions regarding interest rates, monetary tightening, or liquidity management by the Central Bank of Egypt directly impact the attractiveness of gold as an alternative investment to bank deposits or bonds.
Inflation and Economic Conditions: During periods of high inflation, gold is historically favored as a "safe haven" asset, driving up local demand as individuals seek to preserve their purchasing power.
Geopolitical Tensions: Regional and global political instability often trigger a rush toward gold, as it is viewed as the ultimate store of value during times of uncertainty.

Gold Price Forecast

Looking ahead, the market sentiment for the coming days appears cautious. While gold has shown resilience, investors should remain vigilant regarding global economic data releases. If the US dollar continues to fluctuate, we may see corresponding adjustments in Egyptian gold prices. For those looking to invest, it is recommended to monitor the market closely through reliable platforms like Amtalek. The consensus among analysts suggests that as long as economic uncertainty persists, gold will likely maintain its status as a vital component of a balanced financial portfolio in Egypt. Always remember to check with licensed dealers to ensure the authenticity and quality of your purchase.