Gold price in Egypt Sunday 26/04/2026

Date: Sunday 26/04/2026

The Egyptian gold market continues to witness significant interest from both local investors and citizens looking to hedge against economic fluctuations. As part of our commitment to providing accurate and timely financial data, this daily gold price service is provided by Amtalek, your trusted source for real estate and market analysis in Egypt.

Today, Sunday, April 26, 2026, the gold market in Egypt is experiencing a period of watchful stability as traders monitor both local economic indicators and international market movements. Gold remains a preferred "safe haven" asset for many Egyptians, and keeping track of daily price fluctuations is essential for making informed buying or selling decisions.

Gold Prices in the Egyptian Market Today

Gold prices in Egypt are subject to constant change, influenced by a variety of local and international factors. It is important to note that the prices listed below represent the market average. These prices can vary slightly between different merchants due to factors such as craftsmanship fees (known as "masnahiya"), the specific brand of gold, and the location of the jewelry store. The following table provides a comprehensive overview of the current buying and selling rates for various gold carats.

Carat	Buying (EGP)	Selling (EGP)
24 Carat	8000	7977
22 Carat	7333	7312
21 Carat	7000	6980
18 Carat	6000	5983
12 Carat	4000	3988
Gold Ounce (Troy Ounce)	248828	248112
Gold Pound (8 grams of 21 Carat)	56000	55840

Highest and Lowest Gold Prices Today

Analyzing the current market data, we can observe clear distinctions in the pricing tiers based on the purity of the gold:

Highest Price: As expected, 24-carat gold, which is the purest form of gold available, holds the highest price point in the market at 8000 EGP for buying. The Troy Ounce also reflects a significantly high value, representing the global standard for gold bullion trading.
Lowest Price: Among the standard jewelry carats, 12-carat gold currently holds the lowest price, listed at 4000 EGP for buying, making it a more accessible entry point for those looking to invest in smaller quantities of gold.
Market Trends: The Gold Pound, which contains 8 grams of 21-carat gold, is priced at 56000 EGP. This remains the most popular choice for Egyptian investors who prefer to keep their savings in a standardized, easily tradable format.

Factors Affecting Gold Prices in Egypt

The movement of gold prices in Egypt is not isolated; it is deeply interconnected with several macroeconomic drivers:

USD/EGP Exchange Rate: Because gold is priced in US dollars on the global market, the strength of the Egyptian Pound against the dollar is the single most significant factor influencing local prices.
Global Gold Market Trends: Egypt is a price-taker in the global gold market. When international prices rise on the London or New York exchanges due to increased demand or central bank buying, local prices in Cairo follow suit.
Central Bank Policies: Interest rate decisions and monetary policies issued by the Central Bank of Egypt significantly impact the attractiveness of gold. High interest rates on savings accounts often compete with gold as an investment tool.
Inflation and Economic Conditions: Gold is historically viewed as an inflation hedge. During periods of high domestic inflation, local demand for gold typically spikes as individuals seek to preserve the purchasing power of their wealth.
Geopolitical Tensions: Global instability often drives investors toward gold, causing the price of bullion to rise globally and subsequently in the Egyptian market.

Gold Price Forecast

Looking ahead to the coming days, the market is likely to remain volatile as it reacts to ongoing global economic data and local supply chain adjustments. If global market sentiment remains bullish, we may see the price of 21-carat gold maintain its current levels or experience slight upward pressure. Conversely, any cooling in global inflation rates or a strengthening of the Egyptian currency could lead to a minor correction in prices.

Investors are advised to keep a close eye on the Amtalek daily reports to stay updated with the latest market shifts. It is always recommended to consult with professional financial advisors or reputable jewelers before making large-scale investment decisions in the precious metals market.