Gold Prices Dip Slightly in Egypt – 21-Carat at EGP 4,650
Gold prices in Egypt saw a midday update on Tuesday, with 21-carat gold — the most traded in the local market — recording EGP 4,650 per gram for buying and EGP 4,630 for selling, excluding taxes and workmanship, according to the Gold and Jewelry Division of the Federation of Egyptian Industries.
The updated prices come amid a continued interest in gold as a key investment tool in Egypt. According to Gold Bullion, a regional research institution focused on precious metals, gold has emerged in recent years as a major vehicle for wealth preservation and long-term investment, alongside real estate, stock markets, and bank certificates.
Midday Gold Prices in Egypt – July 1, 2025:
24-Carat Gold
Buying: EGP 5,314
Selling: EGP 5,291
21-Carat Gold
Buying: EGP 4,650
Selling: EGP 4,630
18-Carat Gold
Buying: EGP 3,986
Selling: EGP 3,969
14-Carat Gold
Buying: EGP 3,100
Selling: EGP 3,086
Gold Sovereign (21 Carat – 8 grams)
Buying: EGP 37,200
Selling: EGP 37,040
Gold Bullion experts highlight that the yellow metal has provided solid returns for long-term holders. Investors who held gold for at least three to five years reaped notable gains, while short-term buyers still found gold to be a safe hedge against inflation and currency fluctuations.
The recent price stability follows global trends, where gold remains a preferred store of value amid uncertain economic indicators.