Gold Prices in Egypt Stabilize Today Following Yesterday”s Gains, with 21-Karat Registering 6,120 EGP
Egyptian gold markets witnessed a state of stability at the start of trading on Wednesday, September 30, 2026, following gains recorded by the yellow metal yesterday amounting to approximately 20 EGP per gram.
Gold Gram Prices Remain Steady Across All Karats
The price of a 21-karat gold gram—the most widely traded and popular in the local market—maintained its level without change, in line with ongoing monitoring of global ounce movements and dollar exchange rate fluctuations. The price list in local shops was as follows:
24-Karat: 6,994 EGP
22-Karat: 6,411 EGP
21-Karat: 6,120 EGP
18-Karat: 5,246 EGP
14-Karat: 4,080 EGP
Gold Sovereign (Pound): 50,085 EGP
Global Market Anticipation and Its Impact on the Local Market
On the global level, markets are closely watching the movement of the gold ounce after recovering from its lowest level in 7 weeks, influenced by U.S. bond yields and the Federal Reserve's interest rate outlook. Key U.S. inflation and employment data expected this week are set to determine global price trends, directly impacting the Egyptian gold market alongside local demand levels and exchange rates.