Gold price in Egypt Sunday 29/03/2026

As the new week begins, investors and consumers in the Egyptian market are closely monitoring the fluctuations in the precious metals sector. Gold continues to be a primary hedge against economic uncertainty, and keeping track of the daily shifts is essential for making informed financial decisions. This gold price tracking service is proudly provided by Amtalek, your trusted source for real estate and financial market updates in Egypt.

Gold Prices in Egyptian Market Today

The price of gold in Egypt is subject to constant change, influenced by a complex interplay of local supply and demand, as well as broader international economic forces. In the Egyptian market, gold is categorized by its purity, measured in carats, which dictates the value per gram. Consumers should be aware that the prices listed below represent the base market rates for buying and selling, and may vary slightly depending on the craftsmanship fees (known as "masnariya") applied by different jewelers across the country.

Carat	Buy (EGP)	Sell (EGP)
24 Carat	7914	7858
22 Carat	7254	7203
21 Carat	6925	6876
18 Carat	5936	5894
12 Carat	3957	3929
Gold Ounce (Troy Ounce)	246153	244411
Gold Pound (8g of 21 Carat)	55400	55008

Highest and Lowest Gold Prices Today

Analyzing today's market data reveals a clear hierarchy in the value of gold assets. As expected, 24-carat gold, being the purest form of the metal at 99.9% purity, commands the highest purchase price at 7914 EGP per gram. Conversely, 12-carat gold remains the most affordable option for those looking to invest in smaller quantities or jewelry, priced at 3957 EGP per gram.

The gold ounce, which is a standard international unit for trading, reflects the highest absolute value in the table at 246,153 EGP. Meanwhile, the gold pound—a favorite for local savers—holds a significant position in the market, priced today at 55,400 EGP. The price gaps between these carats remain consistent with global purity standards, allowing investors to choose the asset class that best fits their budgetary requirements.

Factors Affecting Gold Prices in Egypt

The gold market in Egypt does not operate in a vacuum. Several critical factors contribute to the daily price fluctuations observed:

USD/EGP Exchange Rate: Because gold is priced in US Dollars globally, the strength of the Egyptian Pound against the dollar is the most immediate driver of domestic gold prices.
Global Gold Market Trends: Movements in the London and New York stock exchanges, specifically the spot price of gold, dictate the baseline for the Egyptian market.
Central Bank Policies: Decisions regarding interest rates by the Central Bank of Egypt significantly influence liquidity and investor appetite for gold as an alternative to bank deposits.
Inflation and Economic Conditions: As domestic inflation rises, the demand for gold as a "safe haven" asset typically increases, pushing prices higher.
International Demand and Supply: Global mining output and industrial demand for gold in technology and luxury sectors play a secondary but persistent role in price determination.
Geopolitical Tensions: During times of regional or global instability, investors flock to gold, often causing a spike in prices due to increased safe-haven buying.

Gold Price Forecast

Looking ahead, the market sentiment for the coming days remains cautiously optimistic. Given the current global economic climate, gold is likely to maintain its upward trajectory if inflationary pressures persist. Investors are advised to monitor the daily performance of the US Dollar and global market indicators provided by Amtalek. While short-term volatility is expected, gold remains a cornerstone of a balanced investment portfolio in Egypt, particularly for those seeking long-term stability against currency devaluation.

Disclaimer: Gold prices are subject to change throughout the day. Please verify with your local jeweler before finalizing any transactions.