Gold prices rose in the local market during trading on Friday 2 October 2026 compared with Thursday's levels, with a gram of 21-karat gold at about EGP 6,150 to sell and EGP 6,110 to buy, while the ounce stood at about USD 4,181.13 globally.

Gold prices today in Egypt

  • 24-karat: EGP 7,030

  • 21-karat: EGP 6,150

  • 18-karat: EGP 5,270

  • 14-karat: EGP 4,100

  • Gold pound: EGP 49,200

  • Ounce in EGP: EGP 218,615

  • Ounce in USD: USD 4,181.13.

Gold prices today versus yesterday

Gold prices rose on Friday 2 October 2026 compared with Thursday's levels, with a gram of 21-karat gold at about EGP 6,150 to sell and EGP 6,110 to buy, against EGP 6,120 to sell and EGP 6,080 to buy yesterday.

A gram of 24-karat gold also rose to EGP 7,030 to sell and EGP 6,985 to buy, against EGP 6,995 to sell and EGP 6,950 to buy yesterday.

A gram of 18-karat gold stood at about EGP 5,270 to sell and EGP 5,235 to buy, compared with EGP 5,245 to sell and EGP 5,210 to buy yesterday.

A gram of 14-karat gold reached about EGP 4,100 to sell and EGP 4,075 to buy, against EGP 4,080 to sell and EGP 4,055 to buy yesterday.

The gold pound also rose to EGP 49,200 to sell and EGP 48,880 to buy, against EGP 48,960 to sell and EGP 48,640 to buy yesterday.

The ounce traded at about USD 4,181.13 on global markets, while its value in the local market stood at about EGP 218,615 to sell and EGP 217,190 to buy.

Factors affecting gold prices

Local gold prices are driven by several factors, chief among them global price movements of the precious metal, changes in the dollar's exchange rate against the pound, and levels of local demand for gold.

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

Global gold prices

The ounce traded at about USD 4,181.13 on global markets on Friday 2 October 2026, down from yesterday's levels, while local gold prices continued to rise.

Markets are watching gold's global movements amid economic and monetary developments and shifts in investment demand for the yellow metal, which investors turn to for hedging and portfolio diversification.

Gold in the local market

Local gold prices rose on Friday despite the drop in the global ounce price, with a gram of 21-karat gold up about EGP 30 on both the sell and buy side compared with yesterday's levels.

Actual prices for gold jewellery vary from one jeweller to another depending on workmanship, hallmarking and design, so the final consumer price may differ from the quoted prices for raw gold.

Gold prices in Egypt continue to respond to global and local changes, making the global ounce price and the dollar exchange rate among the key factors that help explain the precious metal's movements in the local market.