Gold price in Egypt Tuesday 24/03/2026

Date: Tuesday 24/03/2026

The Egyptian gold market continues to witness significant interest from investors and citizens alike, as gold remains a primary hedge against economic fluctuations and inflationary pressures. For those tracking the daily shifts in the precious metals sector, it is essential to rely on accurate and updated data to make informed financial decisions. This gold price service is provided by Amtalek, your trusted source for real-time market updates and comprehensive real estate and financial insights in Egypt.

Today, Tuesday, March 24, 2026, the market reflects the ongoing balance between local demand and global economic indicators. As investors monitor the performance of the Egyptian pound and international bullion trends, understanding the daily pricing structure is the first step toward effective asset management.

Gold Prices in Egyptian Market Today

Gold prices in Egypt are subject to constant change based on a variety of internal and external factors. The prices listed below represent the current market rates for various gold carats. It is important to note that these figures serve as a benchmark; actual retail prices may vary slightly due to "craftsmanship fees" (masnariya), which are determined by individual jewelers based on the complexity of the design and the brand.

Carat	Buy (EGP)	Sell (EGP)
24 Carat	7886	7806
22 Carat	7229	7156
21 Carat	6900	6830
18 Carat	5914	5854
12 Carat	3943	3903
Gold Ounce (Troy Ounce)	245282	242794
Gold Pound (8g of 21 Carat)	55200	54640

Highest and Lowest Gold Prices Today

Analyzing the data provided for this Tuesday, we can observe a clear hierarchy in the value of gold based on purity levels:

Highest Price: As expected, 24-carat gold holds the highest value per gram, trading at 7886 EGP for purchase. This is due to its high purity level of approximately 99.9%. Naturally, the Gold Ounce remains the most expensive single unit on the list due to its weight, representing the international standard for trading.
Lowest Price: The lowest price per gram is recorded for 12-carat gold, which trades at 3943 EGP. This carat is typically used for specific jewelry types that require higher durability and lower gold content.
Price Differences: The price gap between carats is proportional to their gold content. For instance, the difference between 24-carat and 21-carat reflects the alloy mixture used to harden the gold for daily wear, which is a common practice in the Egyptian jewelry market.

Factors Affecting Gold Prices in Egypt

Several macroeconomic and geopolitical factors influence the volatility of gold prices in the local Egyptian market:

USD/EGP Exchange Rate: Because gold is priced internationally in US dollars, any fluctuation in the value of the Egyptian pound against the dollar directly impacts the local price of gold.
Global Gold Market Trends: Egypt is not an isolated market; the "spot price" of gold on the London and New York exchanges dictates the baseline price for bullion importers in Egypt.
Central Bank Policies: Interest rate decisions by the Central Bank of Egypt influence investor behavior. When interest rates rise, gold—which provides no yield—often faces downward pressure, and vice versa.
Inflation and Economic Conditions: Gold is historically viewed as a "safe haven" asset. During periods of high inflation, domestic demand for gold increases as citizens seek to preserve the purchasing power of their savings.
Geopolitical Tensions: Regional and international conflicts often lead to market uncertainty, driving investors toward gold as a secure, tangible asset, thereby pushing prices upward.

Gold Price Forecast

Looking ahead to the remainder of the week, the outlook for gold in Egypt remains cautious. Market analysts suggest that if global gold prices maintain their current trajectory, the local market will likely continue to follow suit. Investors should keep a close watch on the upcoming economic reports regarding inflation and any potential adjustments to monetary policy.

For those looking to invest, it is recommended to monitor the market daily through Amtalek. While gold is a proven long-term store of value, the short-term volatility requires patience and a strategic approach to timing your purchases or sales. Always ensure you purchase from reputable jewelers to guarantee the authenticity and karat purity of your gold items.