Gold Price in Egypt
This page presents gold prices in Egypt as the international spot-price equivalent converted at market exchange rates. It is a general guide, not a price quoted by an Egyptian jeweller, dealer or shop. Gold runs deep in Egyptian life: 21-karat jewellery is the standard for weddings and family savings, gold souqs such as Khan el-Khalili in Cairo trade all day, and many households treat gold as savings to be sold back when money is needed. Sharp moves in the Egyptian pound have made the local price jump even when the dollar price is calm, and shop prices add making charges, taxes and dealer margins.
In Egypt, gold is most commonly priced per gram, with 21 karat the dominant jewellery purity and 24 karat used for bars and coins. Buyers should confirm whether a quote includes making charges, since those are often added per gram on top of the metal price.
XAU spot equivalent · Egypt
EGP 228,320.48 per troy ounce ▲ +1,840.03 (+0.81%)
Gram EGP 7,340.67Kilogram EGP 7,340,673.76Tola EGP 85,620.1822K per gram EGP 6,728.95
COMEX gold futures (GC=F) · Last 30 daily closes · Latest close EGP 229,080.12
Day change basis: COMEX gold futures (GC=F) — this is futures movement, not spot’s own change.
XAU spot equivalent · Egypt
EGP 228,320.48 per troy ounce
| Unit | Price |
|---|---|
| Troy ounce | EGP 228,320.48 |
| Gram | EGP 7,340.67 |
| Kilogram | EGP 7,340,673.76 |
| Tola | EGP 85,620.18 |
| Purity | Price / gram |
|---|---|
| 24K | EGP 7,340.67 |
| 22K | EGP 6,728.95 |
| 21K | EGP 6,423.09 |
| 18K | EGP 5,505.51 |
| 14K | EGP 4,282.06 |
Figures are the international spot price converted at market exchange rates. They are not local jeweller or shop prices, which add premiums, making charges, taxes and dealer margins.
Source: Live market quote · Quote time: 2026-10-27T15:36:54Z · Retrieved by Gold Updates at page load.
Price history
COMEX gold futures (GC=F) daily closes, in USD. This is futures data, not spot.
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Gold in Egypt: currency, quoting and coins
Market context
Gold buyers in Egypt trade in the same international market as buyers everywhere else: there is no separate local spot price. What differs locally is the currency, taxes, premiums and shop charges — the metal itself is priced from the one international benchmark, converted here into EGP.
Currency
The currency is the Egyptian pound (EGP), divided into 100 piastres. Prices on this page are the international spot price converted at the current market exchange rate for EGP; the conversion rate, not a local dealer board, is what moves the figures here when exchange rates move.
How gold is quoted locally
The international benchmark is quoted per troy ounce in US dollars. Local shops in Egypt most commonly quote by the gram for jewellery and small bars; the per-ounce, per-gram and per-kilo figures above are all the same converted price, only the unit changes.
National coin
No national bullion coin is named on this page for Egypt. Whatever coin or bar a dealer stocks, its value follows weight and purity first — confirm both, and the total price including any premium, before buying.
Frequently Asked Questions
Why does an Egyptian jeweller's price differ from this page?
Jewellers add making charges per gram, taxes and a margin, while this page shows only the converted spot-price equivalent before those additions.
Why is 21 karat so common in Egypt?
21-karat gold is the traditional jewellery standard in Egypt, balancing durability for daily wear with a high gold content, while 24 karat is preferred for bars and coins.
What affects the gold price in Egyptian pounds?
The pound price combines the international gold price with the pound exchange rate, and pound devaluations have historically pushed local prices up sharply.
What should I check before buying gold in Egypt?
Confirm the weight, karat, making charges per gram and total price, ask about the buy-back policy, and keep a detailed receipt.
Pricing methodology
Gold Updates takes one XAU spot quote in USD, converts it at the current market exchange rate for EGP, then derives grams (ounce / 31.1034768), kilograms (grams x 1000) and tolas (grams x 11.6638038). Purity multiplies by karat / 24, applied once. Full details: Data Sources & Methodology.