Gold Prices Stabilize in Egypt Today, Monday, October 12, 2026
Local Stability Amid Global Market Anticipation
Gold prices in the Egyptian market stabilized at the start of trading today, Monday, October 12, 2026, following slight gains recorded over recent days. This calm aligns with steady supply and demand dynamics in local goldsmith markets while traders closely watch global exchange movements.
Details of Today’s Gold Prices in Egypt
Various gold karats maintained the following price levels:
24-Karat: 7,030 EGP
21-Karat: 6,150 EGP
18-Karat: 5,271 EGP
14-Karat: 4,100 EGP
22-Karat: 6,444 EGP
Gold Sovereign (El-Geneh El-Dahab): 50,400 EGP
Local and Global Gold Performance
The Gold Division noted that 21-karat gold achieved slight gains of 0.33% by the end of last week. On the global front, gold ounces closed at $4,194, marking a 1.3% weekly gain driven by movements in the US dollar, bond yields, and crude oil prices.