Gold Prices in Egypt Today, Saturday, October 17, 2026: Stability for 21 and 24 Karat at Record Levels

Saturday 17 October 2026 06:14

Gold Prices Stable at Saturday's Opening

Gold prices in the Egyptian market maintained their stability during the opening of trading today, Saturday, October 17, 2026. This follows a notable jump yesterday of about 70 EGP per gram, supported by the global ounce climbing to $4,170, amidst close monitoring of local and international market movements.

Details of Today's Gold Prices in Egypt by Karat

24 Karat Gold: 7,143 EGP (Highest purity, most popular for bullion).

21 Karat Gold: 6,250 EGP (Most traded and sold in local gold shops).

22 Karat Gold: 6,550 EGP.

18 Karat Gold: 5,357 EGP.

14 Karat Gold: 4,167 EGP.

Gold Pound (8 grams): 50,000 EGP (excluding manufacturing fees).

Factors Influencing Local and Global Gold Movements

Investors and prospective buyers are closely monitoring market developments, as the local market is directly impacted by the global gold ounce hovering around $4,170, alongside supply and demand dynamics within Egyptian gold shops. This leaves the door open for potential price changes based on upcoming global trends.