Gold prices in Egypt witnessed a notable increase at the start of trading on Wednesday, January 14, 2026, in jewelry stores, influenced by the volatility affecting global stock markets and the price of the precious metal worldwide. This price movement comes amidst significant anticipation from investors and citizens seeking to hedge against inflation or those planning to get married.
Details of today's gold prices in Egypt
Different calibers recorded varying increases, and below is a detailed list of buying and selling prices according to the latest market updates:
- The price of a gram of 24-karat gold: The purest karat recorded 7028.5 Egyptian pounds for selling, and 6994.25 Egyptian pounds for buying.
- The price of a gram of 22-karat gold: It reached 6442.75 Egyptian pounds for selling, and 6411.5 Egyptian pounds for buying.
- The price of a gram of 21-karat gold: The most popular and traded karat in Egypt recorded 6150 Egyptian pounds for selling and 6120 Egyptian pounds for buying.
- The price of a gram of 18-karat gold reached 5271.5 Egyptian pounds for selling and 5245.75 Egyptian pounds for buying.
- The price of a gram of 14-karat gold: recorded 4100 pounds for selling, and 4080 pounds for buying.
- The price of a gram of 12-karat gold reached 3514.25 Egyptian pounds for selling and 3497.25 Egyptian pounds for buying.
- The price of the gold pound: The gold pound (weighing 8 grams of 21-karat gold) recorded 49,200 pounds for selling, and 48,960 pounds for buying.
Why is gold considered a safe haven for Egyptians?
Monitoring the price of gold today is of paramount importance in Egypt, as the precious metal has historically been considered a "safe haven" for preserving the value of savings. Amidst economic fluctuations, citizens typically turn to gold, specifically bullion or coins, as a means of long-term savings, while 21-karat gold remains the preferred choice for jewelry and bridal jewelry in both Upper and Lower Egypt.
Factors affecting the price of gold locally and globally
Gold pricing in the Egyptian market is linked to three main factors that determine whether the index will rise or fall:
- The global price of an ounce of gold: Gold is affected by US economic data, the US Federal Reserve’s decisions on interest rates, as well as geopolitical tensions that drive investors towards gold.
- Dollar exchange rate: The relationship between the Egyptian pound and the dollar is a crucial factor in determining the local price, as gold is valued based on the parallel or official exchange rate in banks.
- The law of supply and demand: Prices increase locally during seasons, holidays, and periods of high demand, while they may decrease in cases of recession and an increase in the supply for sale by citizens.
Experts always advise diversifying the investment portfolio and not speculating with all cash liquidity in gold during periods of violent fluctuation, while emphasizing that gold is a long-term investment that achieves its returns over the years and not through quick speculation.
