Gold price in Egypt Monday 20/04/2026

Date: Monday 20/04/2026

The Egyptian gold market continues to experience significant activity as investors and consumers closely monitor daily fluctuations. Understanding these movements is essential for those looking to hedge against inflation or invest in physical assets. This comprehensive gold price service is proudly provided by Amtalek, your trusted source for real-time market data and financial insights in Egypt.

Today, Monday, April 20, 2026, the gold market in Egypt reflects a complex interplay of local demand and international economic pressures. As global financial markets navigate various uncertainties, the local appetite for gold remains a cornerstone of the Egyptian investment landscape.

Gold Prices in Egyptian Market Today

Gold prices in Egypt are determined by several variables, including the purity of the gold—measured in carats—and the current supply-demand dynamics within the local retail market. It is important to note that prices listed below represent the market average; however, actual transaction prices at local jewelry stores may vary slightly due to "craftsmanship fees" (known as "Masnahiya"), which fluctuate depending on the design and complexity of the piece.

Carat	Buy (EGP)	Sell (EGP)
24 Carat	8029	7983
22 Carat	7360	7318
21 Carat	7025	6985
18 Carat	6022	5987
12 Carat	4014	3992
Gold Ounce (Troy Ounce)	249730	248299
Gold Pound (8g of 21 Carat)	56200	55880

Highest and Lowest Gold Prices Today

An analysis of today’s market data reveals a clear hierarchy in pricing based on gold purity:

Highest Price: As expected, 24-carat gold commands the highest price due to its purity (99.9% gold). This is the standard for investment-grade bullion and coins. The gold ounce, which serves as the global benchmark, also reflects a significant premium due to its weight and international market status.
Lowest Price: Among the standard jewelry carats listed, 12-carat gold represents the lowest price point. This lower cost is attributed to the reduced gold content compared to the higher-purity alloys.
Price Differentials: The gap between 24-carat and 18-carat gold illustrates the impact of alloy composition on market value. Investors typically favor 21-carat and 24-carat gold for value retention, while 18-carat remains the preferred choice for intricate jewelry making in Egypt.

Factors Affecting Gold Prices in Egypt

The price of gold in Egypt is not an isolated figure; it is influenced by a complex web of domestic and international factors:

USD/EGP Exchange Rate: Because gold is priced in US dollars globally, any fluctuation in the exchange rate of the Egyptian pound against the dollar directly impacts the local price of gold. A weaker currency typically leads to higher gold prices in EGP.
Global Gold Market Trends: Egypt is a price-taker in the global gold market. Movements on the London Bullion Market Association (LBMA) or COMEX have an immediate ripple effect on Egyptian market prices.
Central Bank Policies: Interest rate decisions by the Central Bank of Egypt (CBE) play a crucial role. When interest rates rise, non-yielding assets like gold may face downward pressure, whereas lower rates can make gold more attractive as a hedge.
Inflation and Economic Conditions: Gold is historically viewed as a safe-haven asset. During periods of high inflation, demand for gold typically increases as individuals seek to preserve their purchasing power.
Geopolitical Tensions: Regional and international instability often prompts investors to move capital into gold, pushing prices upward during times of crisis.

Gold Price Forecast

Looking ahead for the remainder of the week, market analysts suggest that gold prices in Egypt will likely remain sensitive to global macroeconomic data releases. If international gold prices maintain their current support levels, we expect the Egyptian market to follow suit, with minor daily adjustments based on local liquidity and demand trends. Investors are advised to keep a close watch on global central bank announcements, as these will likely dictate the next major move for the yellow metal.

For the most accurate and up-to-date tracking of these trends, continue visiting Amtalek, where we provide the latest financial news and market analysis to help you make informed decisions in the Egyptian gold market.