Egyptian gold markets witnessed significant activity at the start of trading on Monday, January 19, 2026, with gold prices rising across all traded karats, influenced by the volatility in global gold markets. This increase reaffirms gold's continued appeal as a primary savings vehicle for Egyptian citizens and investors.
The price of a gram of 21-karat gold today
21-karat gold is the benchmark for the Egyptian gold market and the most popular in both Upper and Lower Egypt. Today, the price of a gram of 21-karat gold jumped to 6,225 Egyptian pounds for selling and 6,200 Egyptian pounds for buying, reflecting increased local demand in line with global market trends.
Gold price list today in Egypt (live update)
The price details for the remaining carats and the gold pound, according to the latest market updates, are as follows:
- 24-karat gold: recorded 7114.25 pounds for selling, and 7085.75 pounds for buying (usually used in alloys).
- 22-karat gold: It reached 6521.5 pounds for selling, and 6495.25 pounds for buying.
- 18-karat gold: recorded 5335.75 pounds for selling, while the buying price recorded 6314.25 pounds (according to the market data received).
- 14-karat gold: It reached 4150 pounds for selling, and 4133.25 pounds for buying.
- 12-karat gold: recorded 3557.25 pounds for selling, and 3542.75 pounds for buying.
- The gold pound: its price jumped to record 49,800 pounds for selling, and 49,600 pounds for buying.
Gold as a safe haven and a history of trust
Monitoring gold prices in Egypt is of particular importance, extending beyond its use as an adornment. Historically, the precious metal has been a safe haven for Egyptians to preserve the value of their savings against inflation and currency fluctuations. Purchases typically increase during times of economic uncertainty, as a large segment of consumers prefers to convert cash into gold (especially bullion and 21-karat gold) to ensure the long-term stability of their purchasing power.
Factors affecting local gold pricing
It is worth noting that the price of gold in Egypt does not move in isolation from the world, but is subject to three main factors that determine its daily value:
- The price of an ounce globally: where the local price is linked to trading activity on the New York and London stock exchanges.
- Dollar exchange rate: There is a direct relationship between the dollar exchange rate against the Egyptian pound and gold prices in the goldsmiths' shops.
- Supply and demand: Seasons, holidays, and periods of high demand sometimes lead to the local price being higher than the global price (known as Premium).
Tips when buying (labor and stamp)
Buyers should note that the prices listed above are for raw gold and do not include the cost of labor, hallmarking, or tax. Labor costs vary from one jeweler to another and from one region to another, and are generally higher for ornate gold pieces (18 karat) compared to bullion or simpler pieces (21 karat). Experts always advise inquiring about the labor cost before finalizing a purchase and comparing prices from different jewelers to obtain the best final price.
