Gold Prices in Egypt Edge Lower on Friday; Global Rates Rise Slightly
Gold prices in Egypt witnessed a slight decline at the start of trading today, Friday, September 18, 2026, compared to yesterday's price levels.
Globally, gold prices rose slightly on Friday, supported by lower oil prices and a weaker dollar, while traders focused on developments in the Middle East and global monetary policy expectations.
Gold Prices in Egypt Today
Gold prices in Egypt vary based on the making charge (craftsmanship fee) from one jewelry shop to another and from one region to another. Below are the average gold prices in Egypt today, Friday, according to the "iSagha" platform, excluding making charges.
How Much Are Gold Prices in Egypt Today?
The price of 1 gram of 24-karat gold, the purest form, reached approximately EGP 7,246 for selling and EGP 7,189 for buying.
The price of 1 gram of 18-karat gold recorded EGP 5,434 for selling and EGP 5,392 for buying.
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21-Karat Gold Price in Egypt: Latest Update
The price of 1 gram of 21-karat gold, the most popular among Egyptians, recorded EGP 6,340 for selling and EGP 6,290 for buying at the time of writing this report.
How Much is the Gold Coin in Egypt Today, Friday?
As for the price of the gold coin (8 grams of 21-karat) in Egypt, it registered EGP 50,720 for selling and EGP 50,320 for buying.
Global Gold Prices
Spot gold rose by 0.3% to $4,352.60 per ounce.
Meanwhile, US gold futures for December delivery fell by 0.2% to $4,391.60.
The Federal Reserve raised interest rates on Wednesday and hinted at further increases in the coming months.
Although gold is typically seen as a hedge against inflation, higher interest rates can dampen demand for the precious metal while increasing the appeal of yield-bearing assets.