Gold prices in Egypt remained relatively stable on Sunday, January 18, 2026, in both Egyptian markets and jewelry stores, coinciding with the weekend closure of global metal exchanges. This stability follows a period of fluctuation in the price of the precious metal, making this morning's trading a suitable opportunity for those planning weddings and investors seeking to preserve their savings.
Details of today's gold prices in Egypt
The price of a gram of 21-karat gold, the most popular and traded type in the Egyptian market due to its suitability for local tastes and moderate investment purposes, remained stable at levels reflecting market calm. Below is a detailed list of prices for different karats according to the latest morning trading updates:
- The price of a gram of 24-karat gold was 7035 Egyptian pounds for selling and 7010 Egyptian pounds for buying. This karat is considered the purest and is commonly used in gold bullion for pure investment.
- The price of a gram of 21-karat gold: recorded 6155 Egyptian pounds for selling, and 6135 Egyptian pounds for buying.
- The price of a gram of 18-karat gold reached 5275 Egyptian pounds for selling and 5260 Egyptian pounds for buying. It is the preferred karat for jewelry with complex designs.
- The price of a gram of 22-karat gold: It settled at 6450 Egyptian pounds for selling and 6425 Egyptian pounds for buying.
- The price of a gram of 14-karat gold: recorded 4105 Egyptian pounds for selling, and 4090 Egyptian pounds for buying.
- The price of a gram of 12-karat gold reached 3515 Egyptian pounds for selling and 3505 Egyptian pounds for buying.
- The price of a gold pound: It recorded 49,240 pounds for selling, and 49,080 pounds for buying.
Why did prices stabilize today?
The stability in the local price today is mainly due to the weekend holiday of the global gold exchange, as trading stops on Sunday, which usually leads to the stability of the global price per ounce, which is one of the three main factors that determine the price of gold in Egypt, along with the exchange rate of the dollar against the pound, and the local supply and demand factor.
The importance of gold as a safe haven
Gold holds special significance in Egyptian economic culture, historically viewed as a "safe haven" for preserving currency value and hedging against inflation. Even with prices reaching these levels in 2026, gold remains a strategic savings vehicle for Egyptian households, whether through the purchase of gold jewelry (especially 21-karat) or gold bars and coins (24-karat and the gold pound).
Tips for buyers
Economists and jewelers always advise consumers to consider the "craftsmanship fee" when purchasing jewelry, as it varies from store to store and from one karat to another. The craftsmanship fee for bullion is usually lower than for jewelry, making it a better option for pure investment, while jewelry remains the preferred choice for adornment and long-term savings.
