Egypt Gold & Silver Prices Update: 21-Karat Benchmark Reaches EGP 6,450 in Domestic Market
Gold and silver prices in the Egyptian domestic market recorded fresh trading levels during today’s session, with the market benchmark 21-karat gold registering EGP 6,450 for buying and EGP 6,430 for selling.
The higher-purity 24-karat gold, heavily utilized in investment bullion and raw bars, stood at EGP 7,371 for buying and EGP 7,348 for selling. Concurrently, 18-karat gold, popular in traditional jewelry manufacturing, traded at EGP 5,528 for buying and EGP 5,511 for selling, while entry-level 14-karat gold reached EGP 4,300 for buying and EGP 4,286 for selling.
In the physical retail investment segment, the 8-gram Gold Pound (21K) reached EGP 51,600 for buying and EGP 51,440 for selling. Meanwhile, the local Gold Ounce was recorded at EGP 229,251 for buying and EGP 228,540 for selling. In the precious metals market, Silver traded at EGP 112 per gram for buying and EGP 110 for selling.
Egypt Precious Metals Price Snapshot
The table below outlines current buy and sell rates across key gold karats, bullion denominations, and silver:
Commodity / KaratBuy Price (EGP)Sell Price (EGP)Market & Investment Segment
24-Karat Gold6,371 / 7,3717,348Raw bullion, ingot manufacturing & high-purity assets
21-Karat Gold6,4506,430Domestic market benchmark & most traded karat
18-Karat Gold5,5285,511High-demand jewelry and retail adornment
14-Karat Gold4,3004,286Economy jewelry category
Gold Pound (8g, 21K)51,60051,440Popular retail store-of-value investment
Local Gold Ounce229,251228,540Institutional & large-scale bullion trade
Silver (Per Gram)112110Alternative retail precious metal asset
Key Market Drivers & Analytical Takeaways
Tight Bid-Ask Spreads: The narrow margin between buying and selling prices (approx. EGP 17 to EGP 23 across major karats) reflects consistent inter-dealer liquidity and stabilized short-term pricing mechanisms among local jewelry merchants and bullion traders.
Sustained Store-of-Value Demand: Strong trading volume around the Gold Pound (EGP 51,600) and Local Ounce underscores persistent retail demand for physical gold as an inflation hedge and long-term capital preservation vehicle.
Precious Metals Diversification: The pricing of silver at EGP 110–112 per gram continues to provide an accessible, lower-cost alternative for smaller-scale retail investors seeking exposure to precious metal holdings.