Gold prices in Egypt saw a notable increase on Tuesday, January 27, 2026, continuing their fluctuating trajectory influenced by global and local factors. This rise comes amidst a climate of anticipation among both investors and consumers, particularly given the significant role gold plays as a safe haven and a primary savings tool in Egyptian culture.
Gold price list today in Egypt
In morning trading, gold prices for different carats recorded the following levels:
- The price of a gram of 24-karat gold: It reached 7754.25 Egyptian pounds for selling, and 7720 Egyptian pounds for buying.
- The price of a gram of 22-karat gold: recorded 7108 Egyptian pounds for selling, and 7076.75 Egyptian pounds for buying.
- The price of a gram of 21-karat gold reached 6785 Egyptian pounds for selling and 6755 Egyptian pounds for buying, which is the most widespread and traded karat in Egypt.
- The price of a gram of 18-karat gold: recorded 5815.75 Egyptian pounds for selling, and 5790 Egyptian pounds for buying.
- The price of a gram of 14-karat gold reached 4523.25 Egyptian pounds for selling and 4503.25 Egyptian pounds for buying.
- The price of a gram of 12-karat gold reached 3877.25 Egyptian pounds for selling and 3860 Egyptian pounds for buying.
- The price of a gold pound: It recorded 54,280 pounds for selling, and 45,040 pounds for buying.
General context: Why does the price of gold change in Egypt?
Historically, gold has been closely linked to the Egyptian economy, not only as a reserve asset for the central bank, but also as an integral part of the social fabric. It represents the "wedding gift" in marriage traditions, a precious present on special occasions, and, most importantly, an effective hedge against currency fluctuations and high inflation. This persistent domestic demand creates a unique dynamic for the Egyptian market.
Gold prices in Egypt are influenced by a combination of local and international factors. Locally, the exchange rate of the Egyptian pound against the US dollar is the primary driver; any change in the exchange rate is directly reflected in gold prices. Additionally, supply and demand mechanisms play a vital role, with demand increasing during holidays and vacations, which can drive prices up.
Importance and expected impact: A look towards the future
Globally, the price of gold is influenced by the price per ounce on international exchanges, which in turn is subject to several factors, most notably the strength of the US dollar and the interest rate policies set by the US Federal Reserve. When interest rates rise, investors tend to lose interest in gold, which does not generate returns, and vice versa.
Geopolitical tensions and global economic crises also bolster gold's status as a safe haven, as investors turn to it to preserve the value of their wealth during times of uncertainty. Therefore, the current surge may reflect global anxieties or expectations of changes in international monetary policies. The gold market in Egypt remains a mirror reflecting the health of the local economy and its interaction with global events, making daily monitoring of its prices essential for a large segment of the Egyptian population.
