Egyptian Gold Prices Edge Up Locally Despite Global Market Softness
Domestic gold prices in Egypt recorded a slight uptick at the opening of trading on Tuesday, September 1, 2026, advancing marginally compared to Monday's closing levels.
The modest local increase diverged from international bullion markets, where spot prices softened as global investors weighed escalating geopolitical tensions in the Middle East alongside impending US labor market data, which is anticipated to influence the Federal Reserve's interest rate path.
Domestic Gold Rates (Excluding Workmanship Fees)
According to data compiled by pricing platform "iSagha," average trading rates across key karats stood as follows:
Item / KaratSell Price (EGP)Buy Price (EGP)
24-Karat Gold (per gram)7,2297,172
21-Karat Gold (per gram)6,3256,275
18-Karat Gold (per gram)5,4235,379
Gold Pound (8 grams, 21K)50,60050,200
Final retail prices at domestic jewelry stores vary depending on craftsmanship charges (masnaheya) and retailer margins across different regions.