Egypt Gold Prices Hold Steady in Early Monday Trading as Global Bullion Touches Over Three-Month High
Gold prices in the Egyptian domestic market exhibited relative stability at the opening of trading on Monday, August 24, 2026, holding near levels recorded at Sunday's close.
In international markets, bullion extended its upward rally, touching its highest level in more than three months. Global investors are positioning ahead of crucial U.S. inflation data releases and an anticipated policy address by Federal Reserve Chair Kevin Warsh scheduled for later this week.
Locally, retail prices continue to fluctuate within tight ranges across jewelry shops and governorates, largely depending on specific merchant workmanship and manufacturing fees (Masnaeya).
Egypt Gold Rates Snapshot (Monday, August 24, 2026)
The table below summarizes the latest retail benchmark prices across Egypt (excluding manufacturing fees), based on platform data from iSagha:
Item / KaratSell Price (EGP)Buy Price (EGP)Market Role & Purity
24-Karat Gold (per gram)7,543.07,469.0Raw bullion & investment-grade minted bars
21-Karat Gold (per gram)6,600.06,535.0Core domestic benchmark & retail volume driver
18-Karat Gold (per gram)5,657.05,602.0Modern commercial jewelry segment
Gold Pound (8g of 21K)52,800.052,280.0Primary retail investment & savings coin
Key Market Drivers & Macro Backdrop
Three-Month Global Peak: International spot gold held firm near quarter highs, driven by continuous safe-haven demand and persistent positioning ahead of major macroeconomic catalysts.
Federal Reserve Guidance: Financial markets are closely tracking upcoming U.S. inflation prints and remarks from Federal Reserve leadership for signals regarding interest rate trajectory and liquidity conditions.
Domestic Price Stability: The local market mirrored stable foreign exchange valuations and steady retail demand, keeping price spreads narrow between buy and sell quotations.














