Gold prices in Egypt saw a slight increase on Tuesday, January 27, 2026, continuing the volatility that has characterized the price of the precious metal both globally and locally. This movement in the price of a gram of 21-karat gold, the most common and traded type in Egypt, has attracted the attention of both investors and consumers, who are closely monitoring market trends amidst the current economic conditions.
Historical background and importance of gold in Egypt
Gold holds a special place in Egyptian culture, a tradition spanning thousands of years. It is not merely a commodity but a symbol of wealth and security. Since the time of the pharaohs, gold has been an integral part of heritage and identity, and its role as a safe haven for value has continued throughout the ages. In modern times, gold serves as a primary hedge for Egyptians against currency fluctuations and rising inflation. It also plays a significant social role, forming an essential part of marriage traditions (the dowry), making it a key component of sustained domestic demand.
Factors affecting gold prices locally and globally
The price of gold in Egypt is influenced by two main factors: the global price of an ounce of gold, denominated in US dollars, and the exchange rate of the Egyptian pound against the dollar. Globally, the price of the precious metal is affected by the decisions of major central banks, particularly the US Federal Reserve, regarding interest rates, as there is an inverse relationship between interest rates and the value of gold. Additionally, geopolitical tensions and global economic crises contribute to increased demand for gold as a safe haven, driving its price upward. Locally, any change in the exchange rate of the Egyptian pound against the dollar is directly reflected in the price of gold in Egypt.
Expected impact on the economy and the consumer
Changes in gold prices, even slight ones, have a tangible impact on broad segments of society. For those about to get married, price increases directly affect the cost of the dowry. For savers and investors, gold serves as a tool to preserve the value of their savings and diversify their investment portfolios. On a broader economic level, gold prices reflect investor confidence in the stability of the local currency and are an indicator of macroeconomic health. Therefore, monitoring daily gold prices remains vital for both citizens and economic analysts.
Gold price list today in Egypt (January 27, 2026)
The following are the details of the prices recorded in evening trading:
- The price of a gram of 24-karat gold: recorded 7760 Egyptian pounds for selling, and 7731.5 Egyptian pounds for buying.
- The price of a gram of 22-karat gold reached 7113.25 Egyptian pounds for selling and 7087.25 Egyptian pounds for buying.
- The price of a gram of 21-karat gold reached 6790 Egyptian pounds for selling and 6765 Egyptian pounds for buying.
- The price of a gram of 18-karat gold: recorded 5820 Egyptian pounds for selling, and 5798.5 Egyptian pounds for buying.
- The price of a gram of 14-karat gold reached 4526.75 Egyptian pounds for selling and 4510 Egyptian pounds for buying.
- The price of a gram of 12-karat gold reached 3880 Egyptian pounds for selling and 3865.75 Egyptian pounds for buying.
- The price of a gold pound: It recorded 54,320 pounds for selling and 54,120 pounds for buying.
