Gold Prices in Egypt Drop Again on Saturday, July 5, 2025 — Gold Pound Loses EGP 120
Gold prices in Egypt continued their downward trend for the second consecutive day, recording notable declines across various karats during Saturday's trading. The domestic market saw gold values fall to their lowest levels in recent weeks.
The decline is primarily attributed to the relative stability and slight retreat of the US dollar exchange rate, which stood at EGP 49.43 in official banks and exchange offices today.
According to the latest pricing updates from local gold retailers, the 21-karat gold — the most widely traded in Egypt — dropped by EGP 15 per gram, while 18-karat gold fell by EGP 13. The price of the gold pound (8 grams of 21k) plummeted by EGP 120 compared to Friday's levels.
Gold Buying Prices (Saturday, July 5, 2025)
Karat Price (EGP)
24K 5,303
22K 4,861
21K 4,640
18K 3,977
14K 3,093
Gold Selling Prices (Saturday, July 5, 2025)
Karat Price (EGP)
24K 5,280
22K 4,840
21K 4,620
18K 3,960
14K 3,079
Gold Pound Price (8 grams – 21K)
Type Selling Price (EGP) Buying Price (EGP)
Gold Pound 36,960 37,120
Daily Price Decline Summary
24K: -EGP 17
22K: -EGP 16
21K: -EGP 15
18K: -EGP 13
14K: -EGP 10
Gold Pound: -EGP 120
Buyer’s Tip
The listed prices represent average retail values and may vary slightly between stores based on location and negotiation. It’s advised to compare prices across multiple jewelers before making a purchase.