Egyptian Gold Prices Stabilize in Morning Trading on June 4, Awaiting Market Opening
Gold prices in the Egyptian retail market stabilized during the opening minutes of morning trading on Thursday, June 4, 2026. This quiet horizon comes as goldsmiths and bullion traders await the formal opening of the jewelry markets, following a net price contraction recorded at the close of Wednesday's trading session.
Detailed Karat Evaluation Matrix The domestic precious metals board registered the following metrics across standard commercial grades, exclusive of custom manufacturing fees, stamp duties, or internal taxes:
24-Karat Gold: The highest purity tier available in the domestic market recorded EGP 7,554.25 for selling and EGP 7,497.25 for buying per gram.
21-Karat Gold: The most widely circulated and highly liquid karat in the Egyptian consumer market stabilized at EGP 6,610 for selling and EGP 6,560 for buying per gram.
18-Karat Gold: Frequently utilized in urban jewelry sectors, this grade was valued at EGP 5,665.75 for selling and EGP 5,622.75 for buying per gram.
14-Karat Gold: The lower-tier consumer alloy stabilized at EGP 4,406.65 for selling and EGP 4,373.40 for buying per gram.
Sovereign Coins and Certified Bullion Ingots The 8-gram Egyptian Gold Sovereign (Gineih El-Dahab) held its ground at EGP 52,880 for selling and EGP 52,480 for buying. Concurrently, certified investment-grade bullion bars and raw ingots maintained steady positioning:
The 2.5-gram gold ingot reached EGP 18,885.63.
The 4-gram gold ingot settled at EGP 30,217.
The 5-gram gold ingot was valued at EGP 37,771.25.
The 10-gram gold ingot hit EGP 75,542.50.
The 31.1-gram gold bar (representing one standard Troy Ounce) leveled off at EGP 234,937.18.