Gold prices in Egypt witnessed a notable decline on Thursday, November 27, 2025, continuing the volatility that has characterized the global and local markets for the precious metal. This drop comes as investors and consumers await global economic data that directly impacts the price per ounce, and consequently, gold prices in Egypt across all karats.
The price of a gram of 21-karat gold considered the main market indicator in Egypt, given that it is the most popular and widely traded karat among citizens, whether for savings, adornment, or wedding gifts. Its price has been affected by the general decline today, which is tempting some to buy while remaining cautious of future fluctuations.
Gold prices in Egypt today, updated in real time
Here is an updated list of gold prices for different carats in morning trading today, Thursday. Please note that these prices do not include the manufacturing fee added when purchasing:
- The price of a gram of 24-karat gold: recorded 6371.5 Egyptian pounds for selling, and 6325.75 Egyptian pounds for buying.
- The price of a gram of 22-karat gold: recorded 5840.5 Egyptian pounds for selling, and 5798.5 Egyptian pounds for buying.
- The price of a gram of 21-karat gold: recorded 5575 Egyptian pounds for selling, and 5535 Egyptian pounds for buying.
- The price of a gram of 18-karat gold: recorded 4778.5 Egyptian pounds for selling, and 4744.25 Egyptian pounds for buying.
- The price of a gram of 14-karat gold: recorded 3716.75 Egyptian pounds for selling, and 3690 Egyptian pounds for buying.
- The price of a gram of 12-karat gold: recorded 3185.75 Egyptian pounds for selling, and 3162.75 Egyptian pounds for buying.
- The price of a gold pound: It recorded 44,600 pounds for selling, and 44,280 pounds for buying.
Factors affecting gold prices locally and globally
The price of gold in Egypt is not determined in isolation from global markets, but rather is influenced by a complex interplay of factors. Globally, the price of an ounce of gold, denominated in US dollars, is the primary driver. This price is affected by the interest rate decisions of major central banks, most notably the US Federal Reserve. When interest rates are raised, investors tend to favor dollar-denominated bonds, thus reducing the appeal of gold, which does not generate returns. Geopolitical tensions and economic crises also contribute to increased demand for gold as a safe haven, driving its price upward.
On the local level, the global price is translated into Egyptian pounds, and here the exchange rate of the dollar against the pound plays a vital role. Any increase in the dollar's value leads to a rise in the local price of gold, even if the global price remains stable. Furthermore, supply and demand factors within the Egyptian market influence the final price for the consumer.
The importance of gold in the Egyptian economy and society
In Egypt, gold is more than just a commodity; it's an integral part of the culture and economy. Historically, Egyptians have converted their savings into gold to preserve its value against inflation and currency fluctuations. This tradition makes it the primary safe haven for Egyptian families. Furthermore, gold is closely associated with social occasions, particularly weddings, where the gold dowry is a fundamental part of the tradition.
Economically, gold prices affect a wide range of people, from small savers to large investors, as well as an entire sector of traders and manufacturers. Monitoring gold prices is considered an important indicator reflecting consumer confidence in the overall economic situation.
