Gold price in Egypt Saturday 18/04/2026

The Egyptian gold market continues to be a focal point for both investors and individuals looking to hedge against economic fluctuations. As we enter the trading session today, Saturday, April 18, 2026, market participants are closely monitoring the latest price adjustments. This daily gold price update service is proudly provided by Amtalek, your trusted source for real estate and financial market data in Egypt.

Gold Prices in the Egyptian Market Today

Gold prices in Egypt are subject to constant change, influenced by a complex interplay of local demand, international market movements, and currency valuations. It is important for buyers and sellers to understand that the prices listed below represent the base market rates. Retail prices in jewelry stores often include "labor costs" (known as masnogiyah), which can vary significantly depending on the craftsmanship of the piece and the specific store policy. Below are the current market rates as of today, Saturday, April 18, 2026:

Carat	Buy (EGP)	Sell (EGP)
24 Carat	8051	7995
22 Carat	7380	7329
21 Carat	7045	6996
18 Carat	6038	5996
12 Carat	4026	3998
Gold Ounce (Troy Ounce)	250414	248672
Gold Pound (8g of 21 Carat)	56360	55968

Highest and Lowest Gold Prices Today

Analyzing the data provided for today, we can observe the following trends regarding the valuation of different gold purities:

Highest Price: As expected, the 24-carat gold, known for its high purity, holds the highest price per gram at 8,051 EGP for buying. The Gold Ounce, which represents a larger weight of pure gold, naturally commands the highest total value at 250,414 EGP.
Lowest Price: Among the standard carats listed, 12-carat gold remains the most affordable option for investors and collectors, priced at 4,026 EGP for buying.
Market Dynamics: The price gap between 24-carat and 18-carat gold reflects the difference in gold content (99.9% vs. 75%). Investors typically favor 21-carat and 24-carat gold as a store of value, while 18-carat is widely used for jewelry due to its increased durability.

Factors Affecting Gold Prices in Egypt

The volatility of the gold market in Egypt is dictated by several critical economic pillars:

USD/EGP Exchange Rate: Because gold is priced internationally in US dollars, any fluctuation in the exchange rate directly impacts the local price of gold in Egypt. A stronger dollar often leads to higher gold prices locally.
Global Market Trends: Egypt is not an isolated market. Global gold prices, determined on exchanges like the LBMA or COMEX, set the benchmark for local pricing.
Central Bank Policies: Interest rate decisions by the Central Bank of Egypt influence investor behavior. When interest rates rise, non-yielding assets like gold may face pressure, though this is often offset by inflation concerns.
Inflation and Economic Conditions: Gold is traditionally viewed as a "safe haven" asset. During periods of high inflation, investors flock to gold to preserve their purchasing power.
Geopolitical Tensions: Regional and global conflicts tend to increase uncertainty, which historically drives up the demand for gold as a stable asset.

Gold Price Forecast

Looking ahead to the coming days, the market is expected to remain sensitive to international inflationary data and local supply chain updates. While short-term fluctuations are inevitable, the structural demand for gold in Egypt remains robust. Investors are advised to monitor global trends closely and consider their long-term objectives before making significant purchases. As always, Amtalek will continue to provide daily updates to ensure you remain informed about the latest market shifts.

Disclaimer: The prices listed above are for informational purposes only. Actual market prices at jewelry stores may vary due to additional manufacturing and retail fees.