Gold price in Egypt Friday 20/03/2026

Welcome to our daily financial coverage of the precious metals market in Egypt. As the local market navigates through fluctuating economic indicators, investors and jewelry enthusiasts continue to closely monitor the shifts in bullion values. This comprehensive gold price service is provided by Amtalek, your trusted source for real-time market updates and property intelligence in Egypt.

Today, Friday, March 20, 2026, the gold market in Egypt demonstrates significant activity as traders react to both local supply dynamics and global economic shifts. Understanding these movements is essential for those looking to hedge against inflation or diversify their investment portfolios through physical gold assets.

Gold Prices in Egyptian Market Today

Gold prices in the Egyptian market are determined by several variables, including the purity of the gold (measured in carats), the current exchange rate of the US dollar against the Egyptian pound, and the global spot price of gold. Because of these factors, prices can fluctuate throughout the trading day. Below is the detailed breakdown of gold prices as of today, Friday, 20/03/2026.

Carat	Buy (EGP)	Sell (EGP)
24k Gold	8171	8095
22k Gold	7490	7420
21k Gold	7150	7083
18k Gold	6128	6071
12k Gold	4086	4048
Gold Ounce (Troy Ounce)	254147	251783
Gold Pound (8g of 21k)	57200	56664

Highest and Lowest Gold Prices Today

Analyzing the current data provided, we can observe clear distinctions in valuation based on gold purity:

Highest Price: As expected, 24k gold remains the most expensive per gram due to its high purity level (99.9% gold). The Gold Ounce, representing a larger volume of 24k gold, commands the highest total transaction value in the market at 254,147 EGP for buying.
Lowest Price: Among the standard carats listed, 12k gold holds the lowest price point, reflecting its lower gold content mixed with other alloys, making it more accessible for specific jewelry requirements.
Price Differences: The spread between 24k and 18k gold remains significant, illustrating the premium paid for higher purity. Investors often favor 21k gold as a "middle-ground" investment, which is why the Gold Pound (composed of 21k) remains the most popular unit for savings in Egypt.

Factors Affecting Gold Prices in Egypt

The price of gold in Egypt is rarely static. It is a highly sensitive asset influenced by a complex web of domestic and international factors:

USD/EGP Exchange Rate: Because gold is globally priced in US dollars, any fluctuation in the strength of the dollar against the Egyptian pound directly impacts the local price of gold.
Global Gold Market Trends: Egypt is a price-taker in the global gold market. International prices (London Bullion Market) set the baseline, which is then adjusted for local taxes, customs, and craftsmanship fees.
Central Bank Policies: Interest rate decisions by the Central Bank of Egypt influence investor behavior. When interest rates are high, the opportunity cost of holding non-yielding assets like gold increases.
Inflation and Economic Conditions: Gold is traditionally viewed as a "safe haven" asset. During periods of high inflation, domestic demand for gold jewelry and bullion bars typically rises as citizens seek to preserve the value of their wealth.
Geopolitical Tensions: Global instability often leads to a "flight to safety," where investors move capital into gold, pushing up international prices and, consequently, local Egyptian prices.

Gold Price Forecast

Looking ahead for the remainder of March 2026, market analysts suggest that gold prices in Egypt will likely continue to exhibit volatility, mirroring global trends. As long as global economic uncertainty persists, gold is expected to maintain its status as a critical component of the average Egyptian household's savings strategy.

Investors are advised to monitor the daily closing prices and keep an eye on international market sentiment. For those looking to enter the market, tracking the price of the Gold Pound is a highly effective way to gauge the broader market temperature. Stay tuned to Amtalek for daily updates to ensure you are making informed decisions in an ever-changing economic landscape.

Disclaimer: This report is for informational purposes only and does not constitute financial advice. Gold prices are subject to change throughout the day based on market conditions.