Gold Prices Stabilize in Egypt Today, Saturday, November 14, 2026: 24-Karat Hits EGP 6,811 Amid Global Anticipation

Saturday 14 November 2026 07:49

Gold Prices Hold Steady Amid Local Market Calm

The local market in Egypt witnessed notable stability during early trading today, Saturday, November 14, 2026. The price of 24-karat gold, primarily used in manufacturing gold bullion, maintained its level at EGP 6,811 per gram, unchanged from Friday’s closing. This stability coincides with prices settling after a sharp downward wave throughout the current week, alongside 21-karat gold continuing to trade below the EGP 6,000 mark at approximately EGP 5,960.

Today’s Gold Prices in Egypt

24-Karat: EGP 6,811 per gram.

21-Karat: EGP 5,960 per gram.

18-Karat: EGP 5,109 per gram.

14-Karat: EGP 3,973 per gram.

Gold Pound: EGP 47,680.

Global Markets: Limited Recovery and Steep Weekly Losses

Globally, the gold ounce attempted a slight recovery during Friday’s session, rising by 0.6% to reach $3,923, after plunging to its lowest level in over a year during previous sessions. Despite this, the yellow metal is on track to record weekly losses exceeding 4%, having lost nearly $300 from its peak earlier in the week after breaking key support levels at $4,000 and $3,900.

Expectations of U.S. interest rate hikes continue to weigh heavily on gold; market estimates indicate an 89% probability of a 25-basis-point rate hike at the upcoming December meeting, which diminishes the appeal of gold as a non-yielding asset.

Outlook for Bullion Traders

Bullion dealers and local market participants are closely monitoring global ounce developments and exchange rate movements, as they remain the primary drivers determining gold prices in Egypt in the coming period.