Gold prices fell in the local market on Thursday, October 1, 2026, compared with Wednesday's levels. A gram of 21-karat gold stood at about EGP 6,120 for selling and EGP 6,080 for buying, while the ounce traded globally at about USD 4,191.47.

Gold prices today in Egypt

24-karat6,995 EGP6,950 EGP
21-karat6,120 EGP6,080 EGP
18-karat5,245 EGP5,210 EGP
14-karat4,080 EGP4,055 EGP
Gold pound48,960 EGP48,640 EGP
Ounce (EGP)217,545 EGP216,125 EGP
Ounce (USD)4,191.47 USD—

Gold prices today vs. yesterday

Gold prices fell on Thursday, October 1, 2026, compared with Wednesday's levels. A gram of 21-karat gold stood at about EGP 6,120 for selling and EGP 6,080 for buying, against EGP 6,130 for selling and EGP 6,090 for buying yesterday.

The price of 24-karat gold also fell to EGP 6,995 per gram for selling and EGP 6,950 for buying, against EGP 7,005 for selling and EGP 6,960 for buying yesterday.

A gram of 18-karat gold stood at about EGP 5,245 for selling and EGP 5,210 for buying, compared with EGP 5,255 for selling and EGP 5,220 for buying yesterday.

A gram of 14-karat gold stood at about EGP 4,080 for selling and EGP 4,055 for buying, against EGP 4,085 for selling and EGP 4,060 for buying yesterday.

The gold pound also fell to EGP 48,960 for selling and EGP 48,640 for buying, against EGP 49,040 for selling and EGP 48,720 for buying yesterday.

The ounce traded on global markets at about USD 4,191.47, while its value in the local market stood at about EGP 217,545 for selling and EGP 216,125 for buying.

Factors affecting gold prices

Gold prices in the local market are driven by several factors, chiefly global price movements for the precious metal, changes in the dollar's exchange rate against the pound, and the level of local demand for gold.

Global economic developments, interest-rate movements and market expectations for monetary policy also influence gold's direction, along with investment demand for the precious metal.

Global gold prices

The ounce traded on global markets at about USD 4,191.47 on Thursday, October 1, 2026, up from yesterday's level, even as gold prices fell in the local market.

Markets are watching gold's global moves amid economic and monetary developments, as well as changes in investment demand for the yellow metal, which investors turn to as a hedge and to diversify their portfolios.

Gold in the local market

Gold prices fell in the local market on Thursday despite the rise in the global ounce price, with 21-karat gold down by about EGP 10 per gram for both selling and buying compared with yesterday.

Actual prices for gold jewelry vary from one jeweler to another depending on workmanship, hallmarking and design, so the final price to consumers may differ from the published prices for raw gold.

Gold prices in Egypt continue to respond to global and local changes, which makes the global ounce price and the dollar exchange rate key to understanding the precious metal's moves in the local market.