Gold prices in Egypt saw a significant jump on Tuesday, January 20, 2026, continuing a period of fluctuation that reflects global and local economic conditions. This rise comes at a time when both investors and consumers are closely watching market trends, as gold is considered a safe haven and a store of value during times of economic uncertainty.
Historical background and importance of gold in Egypt
Historically, gold holds a special place in Egyptian culture. It is not merely a commodity but a primary tool for saving and protecting wealth from the erosion of inflation and currency fluctuations. Egyptian families rely heavily on it for social occasions, especially weddings, where the gold dowry is an essential part of the tradition. For this reason, any change in its price directly impacts family budgets and future plans, making monitoring its price a daily necessity for a large segment of society.
The impact of global and local factors on prices
The current rise in local gold prices cannot be separated from its global context. Gold prices in Egypt are influenced by two main factors: the global price of an ounce in US dollars, and the exchange rate of the dollar against the Egyptian pound in the local market. Any global geopolitical instability, or changes in interest rates by major central banks such as the US Federal Reserve, lead to movements in the global price. When these prices are translated into the Egyptian market, the effect of the local exchange rate is added, which can amplify or mitigate the impact of global changes. The continued global volatility in the price of the precious metal reflects the state of anticipation prevailing in international financial markets.
Gold price list today in Egypt
The following are the details of gold prices for different carats in Tuesday evening trading:
Price of a gram of 24-karat gold
The price of a gram of 24-karat gold, which is the purest, reached 7245 Egyptian pounds for selling and 7215 Egyptian pounds for buying.
Price of a gram of 22-karat gold
The price of a gram of 22-karat gold jumped to 6640 Egyptian pounds for selling and 6615 Egyptian pounds for buying.
Price of a gram of 21-karat gold
The price of a gram of 21-karat gold, the most common and traded type in Egypt, was recorded at 6340 Egyptian pounds for selling and 6315 Egyptian pounds for buying.
Price of a gram of 18-karat gold
The price of a gram of 18-karat gold reached 5435 Egyptian pounds for selling and 5415 Egyptian pounds for buying.
Price of a gram of 14-karat gold
The price of a gram of 14-karat gold reached approximately 4225 Egyptian pounds for selling and 4210 Egyptian pounds for buying.
Price of a gram of 12-karat gold
The price of a gram of 12-karat gold rose to 3625 Egyptian pounds for selling and 3610 Egyptian pounds for buying.
Gold pound price
The price of a gold pound, which weighs 8 grams of 21-karat gold, was recorded today, Tuesday, in Egypt, at 50,720 Egyptian pounds for selling and 50,520 Egyptian pounds for buying.
Expected impact on consumers and the market
This price surge is putting additional pressure on consumers, especially those about to get married, and may prompt some to reduce their gold purchases or seek lower purities. For investors and savers, the price increase enhances the value of their existing savings, but simultaneously raises the cost of new purchases, making buying and selling decisions more complex and dependent on their expectations of future market trends.
