Gold price in Egypt Thursday 30/04/2026

Date: Thursday 30/04/2026

The Egyptian gold market continues to experience significant attention from investors and citizens alike as they navigate the current economic landscape. Gold remains a primary hedge against inflation and a cornerstone of personal financial portfolios in Egypt. As part of our commitment to providing accurate and timely financial data, this daily gold price service is provided by Amtalek, ensuring that you stay updated with the latest movements in the local market.

Today, Thursday, April 30, 2026, the gold market in Egypt is witnessing a period of stabilization, reflecting broader trends in both local economic indicators and international commodity markets. Investors are closely monitoring these fluctuations to make informed decisions regarding buying or selling bullion and jewelry.

Gold Prices in Egyptian Market Today

Gold prices in the Egyptian market are subject to daily variations influenced by several interconnected factors. It is essential to note that the prices listed below represent the market rates for different carats, which are determined by the purity of the gold and the current market supply and demand dynamics. These prices are provided for informational purposes to help you track market trends effectively.

Carat	Buy (EGP)	Sell (EGP)
24 Carat	7829	7795
22 Carat	7177	7145
21 Carat	6850	6821
18 Carat	5872	5846
12 Carat	3914	3898
Gold Ounce (Troy Ounce)	243509	242452
Gold Pound (8g of 21 Carat)	54800	54568

Highest and Lowest Gold Prices Today

Analyzing the data provided for today, we can observe a clear hierarchy in gold pricing based on purity levels:

Highest Price: As expected, the 24-carat gold, which represents the highest level of purity (99.9%), holds the highest price per gram at 7829 EGP for buying. The Gold Ounce, reflecting a larger weight of pure gold, naturally commands the highest total value in the table.
Lowest Price: The 12-carat gold is the most affordable option listed today, priced at 3914 EGP for buying. This lower price point is due to the lower percentage of pure gold content compared to the higher carats.
Price Differences: The gap between 24-carat and 18-carat gold remains a key indicator for consumers. Investors typically favor 21-carat and 24-carat gold for store-of-value purposes, while 18-carat gold is widely used in the jewelry sector due to its higher durability and lower price point.

Factors Affecting Gold Prices in Egypt

The price of gold in Egypt is not determined in isolation. Several macro-economic and geopolitical factors play a crucial role in shaping the daily market rates:

USD/EGP Exchange Rate: Because gold is globally priced in US Dollars, the strength of the Egyptian Pound against the dollar is the most significant domestic factor. Any volatility in the exchange rate directly translates into price changes for gold in the local market.
Global Gold Market Trends: Egypt is an importer of gold, meaning it is highly sensitive to the London Bullion Market Association (LBMA) prices. Global uncertainty often drives the "safe haven" demand, pushing international prices upward.
Central Bank Policies: Interest rate decisions by the Central Bank of Egypt influence the attractiveness of gold. High interest rates on savings accounts can sometimes lead to a shift away from non-yielding assets like gold, while lower rates tend to increase gold demand.
Inflation and Economic Conditions: Persistent inflation often drives local investors to purchase gold as a store of value to protect their purchasing power.
Geopolitical Tensions: Regional and global conflicts tend to trigger a surge in gold prices, as investors seek stability amidst uncertainty.
International Demand and Supply: Global mining output and demand from major markets like China and India indirectly impact the global spot price, which eventually filters down to the Egyptian market.

Gold Price Forecast

Looking ahead, the gold market in Egypt is expected to remain volatile as it reacts to both local economic adjustments and global market sentiment. If global economic conditions remain uncertain, we may see sustained or increased demand for gold, keeping prices elevated. However, investors are advised to keep a close watch on the exchange rate and global interest rate announcements in the coming days, as these will likely be the primary catalysts for any significant price shifts. It is recommended to consult with financial professionals and monitor daily updates from Amtalek before making significant investment decisions.