Egypt”s gold market began November with 21-karat gold at EGP 6,160 per gram, while the latest global data showed a 3.65% decline in gold prices.

Sunday 1 November 2026 04:06

Gold prices across Egypt's local market stood at their latest reported levels at the start of trading on Sunday, November 1, 2026, after the precious metal recorded a further decline during the previous evening.

Gold prices dropped by approximately EGP 35 on Saturday evening compared with the middle of the day's trading session, according to comments made by Naguib Naguib, former secretary-general of Egypt's Gold Division.

Retail Gold Prices by Karat

The latest figures showed that 21-karat gold was trading at EGP 6,160 per gram, while the other categories recorded the following prices:

Gold Category	Price
24-karat	EGP 7,040 per gram
21-karat	EGP 6,160 per gram
18-karat	EGP 5,280 per gram
Gold pound	EGP 49,280

Actual retail prices may differ depending on the seller, particularly due to workmanship fees and other trading costs. Gold bars are generally priced according to the market value of 24-karat gold.

Global Prices Show a 3.65% Decline

International gold exchanges are observing their weekly Sunday closure. The latest available figures from Bloomberg showed that gold had lost 3.65% to trade at around $3,874 per ounce.

The international price is quoted per troy ounce, equivalent to approximately 31.1 grams of 24-karat gold. The figure represents the latest reported market level ahead of the weekly trading break.