Gold prices in Egypt decline amid global fluctuations
Gold prices in Egypt witnessed a noticeable decline across all karats on Thursday, November 27, 2025, during evening trading, reflecting the volatility affecting the price of an ounce of gold on global exchanges. This drop presents a new opportunity for investors and prospective buyers, especially given the significant interest in the precious metal among the Egyptian public, who consider it a safe haven for savings and a way to preserve the value of their money in the face of economic challenges and inflation.
Historical context and importance of gold in Egypt
Historically, gold has been deeply intertwined with Egyptian culture and the economy. For millennia, gold has been more than just an ornament; it has been a symbol of wealth and a primary store of value. In modern times, Egyptians turn to gold, particularly bullion and gold coins, as a hedge against fluctuations in the exchange rate and rising inflation. Gold is also an integral part of social customs, especially in weddings and engagements, creating consistent domestic demand that, in turn, influences market activity.
Gold price list in Egypt today, Thursday, November 27, 2025
The evening gold prices today, according to the latest updates in the gold market, are as follows:
- The price of a gram of 24-karat gold was recorded at 6360 Egyptian pounds for selling and 6308.5 Egyptian pounds for buying. This karat is considered the purest and is primarily used in the production of investment bullion.
- The price of a gram of 22-karat gold reached 5830 Egyptian pounds for selling and 5782.75 Egyptian pounds for buying.
- The price of a gram of 21-karat gold was 5,565 Egyptian pounds for selling and 5,520 Egyptian pounds for buying. This karat is the most common and widely traded in Egypt due to its quality and suitability for most gold jewelry.
- The price of a gram of 18-karat gold: recorded 4770 pounds for selling and 4731.5 pounds for buying. Many prefer it in modern jewelry due to the variety of its designs and its reasonable price.
- The price of a gram of 14-karat gold reached 3710 Egyptian pounds for selling and 3680 Egyptian pounds for buying.
- The price of a gram of 12-karat gold: recorded 3180 Egyptian pounds for selling, and 3154.25 Egyptian pounds for buying.
Gold pound price today
As for the price of a gold sovereign, which weighs 8 grams of 21-karat gold, it was recorded today in Egypt at 44,520 Egyptian pounds for selling and 44,160 Egyptian pounds for buying. It should be noted that this price does not include the manufacturing cost or the hallmark fee added at the time of purchase.
Factors affecting gold prices locally and internationally
Gold prices in the Egyptian market are not determined in isolation from the global market, but rather are influenced by a complex set of local and international factors. Globally, the price of gold is inversely related to the performance of the US dollar; when the dollar index rises, the price of gold usually falls because it becomes more expensive for holders of other currencies. Decisions by major central banks, particularly the US Federal Reserve, also play a pivotal role; raising interest rates increases the opportunity cost of holding gold, which does not generate returns, thus reducing its appeal. Furthermore, geopolitical tensions and wars increase demand for gold as a safe haven, driving its price higher.
Locally, the price of gold is directly affected by the exchange rate of the US dollar against the Egyptian pound in the parallel market, in addition to supply and demand mechanisms within the market. When local demand for the precious metal increases, prices rise even if they are stable globally.
Tips for consumers when buying gold
Experts advise consumers to be aware that the advertised price per gram is the raw price, to which the "workmanship" fee and stamp duty are added at the time of purchase. This amount varies significantly from one merchant to another and from one piece to another, being higher for items with intricate designs. Therefore, it is essential to inquire about the total price before completing the purchase and to compare prices at different stores to get the best possible deal. It is also crucial to obtain a detailed and stamped invoice to guarantee your rights.
