Thursday, November 12, 2026, 12:19 PM
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Gold Prices Remain Stable in Egypt on November 12 as 21-Karat Gold Holds at EGP 6,140

Thursday 12 November 2026 08:04
Gold Prices Remain Stable in Egypt on November 12 as 21-Karat Gold Holds at EGP 6,140

Gold prices in Egypt remained stable at the start of trading on Thursday, November 12, 2026, holding at Wednesday’s closing levels as local markets monitored international ounce prices and movements in the US dollar exchange rate.

The 21-karat gold gram, the most widely traded category in Egypt, stood at EGP 6,140, while 24-karat gold recorded EGP 7,017 amid relatively subdued domestic trading activity.

Gold Prices in Egypt

The latest recorded prices for gold in the Egyptian market were:

  • 24-karat gold: EGP 7,017 per gram.
  • 21-karat gold: EGP 6,140 per gram.
  • 18-karat gold: EGP 5,263 per gram.
  • 14-karat gold: EGP 4,093 per gram.
  • Gold pound: EGP 49,120.

21-Karat Gold Trading Performance

The stability followed a volatile Wednesday session. The 21-karat gram gained around EGP 10 at one stage before losing EGP 20 during evening trading, closing the day at EGP 6,140.

Global Gold Market Developments

International gold prices experienced sharp fluctuations on Wednesday. The ounce fell below $4,040 before recovering and moving above the $4,060 level during Asian trading.

The precious metal faced pressure following the release of US inflation data. The Consumer Price Index rose by 0.4% in October, exceeding market expectations of a 0.3% increase. The figures heightened concerns over persistent inflationary pressures and influenced market expectations regarding the future path of US interest rates.

Egypt’s gold market is closely watching international ounce prices and dollar movements throughout Thursday, as investors assess developments that could trigger another upward move or extend the recent decline.