Egypt Gold Prices Rise Across All Carats as Global Bullion Gains Over 1% Ahead of US Jobs Data
Domestic gold prices in Egypt recorded relative gains at the opening of Thursday trading on September 3, 2026, tracking an upward momentum in international bullion markets.
Globally, spot gold climbed more than 1% during Thursday sessions, supported by a softer US dollar and retreating US Treasury yields. International investors remain focused on the upcoming US Non-Farm Payrolls (NFP) report, viewed as a critical indicator for determining the size and pace of interest rate adjustments at the Federal Reserve's policy meeting later this month.
Domestic Retail Gold Prices in Egypt
According to pricing data from specialized platform iSagha, retail quotes excluding workmanship fees (masna’eya) and value-added tax stood as follows:
Gold CaratBuy Rate (EGP / Gram)Sell Rate (EGP / Gram)Market Profile
24-Karat7,1897,114Highest purity; benchmark for bullion bars and sovereign coins
21-Karat6,2906,225Highest domestic trading volume; primary consumer jewelry benchmark
18-Karat5,3925,336Widely utilized in modern jewelry designs and urban retail centers
(Workmanship fees typically add between EGP 60 and EGP 200+ per gram depending on brand, design intricacy, and merchant region).
Domestic gold pricing continues to reflect the interaction between rising global spot quotes, local demand dynamics, and the exchange rate of the Egyptian pound across the banking sector.