Gold price in Egypt Saturday 21/03/2026

Welcome to our daily financial report on the precious metals market in Egypt. As we move into the weekend, the gold market continues to be a focal point for both investors and individuals looking to hedge against economic fluctuations. This comprehensive gold price update is proudly provided by Amtalek, your trusted source for real-time market data and property insights in Egypt.

Today, Saturday, March 21, 2026, the local market is witnessing a steady interest in gold as a safe-haven asset. Understanding the daily shifts in these prices is essential for anyone looking to make informed decisions regarding jewelry purchases, bullion investments, or portfolio diversification.

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 dynamics alongside global financial indicators. Because gold is a global commodity, its value is intrinsically linked to international benchmarks, yet it is also heavily affected by the local currency's strength and regional market sentiment.

It is important to note that the prices listed below represent the base market rates. When purchasing from retailers, customers should remain aware that final prices may include "labor costs" (known as "masnahiya"), which vary significantly depending on the craftsmanship, the brand, and the specific jewelry design.

Carat	Buy (EGP)	Sell (EGP)
24 Karat	8034	7958
22 Karat	7364	7295
21 Karat	7030	6963
18 Karat	6026	5968
12 Karat	4017	3979
Gold Ounce (Troy Ounce)	249885	247521
Gold Pound (8g of 21 Karat)	56240	55704

Highest and Lowest Gold Prices Today

Analyzing the current data provided for March 21, 2026, we can observe clear trends in valuation across different purities:

Highest Price: As expected, 24 Karat gold remains the most expensive per gram due to its high purity level of 99.9%. Furthermore, the Gold Ounce, which represents a larger quantity of gold, carries the highest absolute price in the market today at 249,885 EGP for the buy side.
Lowest Price: Among the standard carats listed, 12 Karat gold holds the lowest price point, reflecting its lower gold content compared to the higher carats.
Price Differentials: The gap between 24 Karat and 18 Karat gold remains a key indicator for consumers. Investors typically favor 24 Karat for bullion, while 21 Karat and 18 Karat are the staples for the Egyptian jewelry market. The Gold Pound, being a popular investment vehicle, is priced based on the weight of 8 grams of 21 Karat gold, making it a benchmark for small-scale investors.

Factors Affecting Gold Prices in Egypt

The movement of gold prices in Egypt is never isolated; it is a reflection of several interconnected economic variables:

USD/EGP Exchange Rate: Because gold is priced in USD globally, the strength of the Egyptian Pound against the dollar is the most significant factor. Any volatility in the exchange rate immediately reflects on local gold prices.
Global Market Trends: The London Bullion Market Association (LBMA) and movements on the COMEX exchange set the international tone. When global prices rise due to international economic uncertainty, the local market in Egypt follows suit.
Central Bank Policies: Interest rate decisions by the Central Bank of Egypt influence the attractiveness of gold. When interest rates are high, non-yielding assets like gold may face pressure, though they remain a preferred hedge during inflationary periods.
Inflationary Pressures: Gold is historically viewed as a hedge against inflation. When the cost of living increases, demand for gold typically rises as individuals seek to preserve their purchasing power.
Geopolitical Tensions: Regional and global conflicts often drive investors toward "safe-haven" assets. Uncertainty in global markets usually leads to a spike in gold prices as investors move away from riskier assets like stocks.

Gold Price Forecast

Looking ahead to the coming days, the market is expected to maintain a cautious stance. If global economic indicators continue to signal uncertainty, we may see sustained demand for gold in Egypt, keeping prices at their current elevated levels. Investors are advised to monitor the upcoming global economic data releases and local currency performance, as these will likely dictate the short-term trend.

For those looking to enter the market, it is recommended to follow the daily updates provided by Amtalek to ensure you are basing your decisions on the most current data available. Remember that gold investment is a long-term strategy, and market timing should be considered carefully against your personal financial goals.