Gold Prices Today in Egypt: 24 and 21 Karat Stabilize Amid Global Market Anticipation

Saturday 10 October 2026 05:00

Gold Stabilizes in Egypt Driven by Global Recovery

Gold prices in the local Egyptian market witnessed stability during today's Saturday trading sessions, influenced by the yellow metal's rise of about 40 EGP per gram at the close of the week's sessions. This steadiness coincides with global market fluctuations, the continued stability of the local exchange rate of the US dollar around 52.50 EGP, and a relative calm in local consumer demand.

Details of Gold Prices Across Various Karats

The different karats of gold recorded the following prices in today's trading:

24 Karat: 7,020 EGP per gram.

21 Karat: 6,140 EGP per gram.

18 Karat: 5,263 EGP per gram.

14 Karat: 4,093 EGP per gram.

22 Karat: 6,435 EGP per gram.

Gold Pound: 50,320 EGP.

Global Gold Ounce Tests Resistance Levels

Globally, the gold ounce posted gains of about 1.5% during Friday's trading, supported by the decline of the US dollar and lower US Treasury yields, touching a one-week high of $4,207 before stabilizing near $4,185. Analysts noted that the support level holding at $4,100 helped curb selling pressures, while investors await the prices' ability to breach the $4,200 resistance barrier amid anticipation of US economic data and upcoming Federal Reserve interest rate decisions.