Gold prices rose in the local market in trading on Wednesday, October 7, 2026, compared with yesterday's levels. A gram of 21-karat gold stood at about EGP 6,165 to sell and EGP 6,125 to buy, while the ounce traded globally at about USD 4,130.7.

Gold prices today in Egypt

24-karatEGP 7,045EGP 7,000
21-karatEGP 6,165EGP 6,125
18-karatEGP 5,285EGP 5,250
14-karatEGP 4,110EGP 4,085
Gold poundEGP 49,320EGP 49,000
Ounce (EGP)EGP 219,145EGP 217,725
Ounce (USD)USD 4,130.7—

Gold prices today vs. yesterday

Gold prices rose on Wednesday, October 7, 2026, compared with yesterday. A gram of 21-karat gold stood at about EGP 6,165 to sell and EGP 6,125 to buy, against EGP 6,140 to sell and EGP 6,100 to buy yesterday, an increase of EGP 25 in both the selling and buying prices.

A gram of 24-karat gold also rose to EGP 7,045 to sell and EGP 7,000 to buy, against EGP 7,015 to sell and EGP 6,970 to buy yesterday.

A gram of 18-karat gold stood at about EGP 5,285 to sell and EGP 5,250 to buy, compared with EGP 5,265 to sell and EGP 5,230 to buy yesterday.

A gram of 14-karat gold reached about EGP 4,110 to sell and EGP 4,085 to buy, against EGP 4,095 to sell and EGP 4,065 to buy yesterday.

The gold pound also rose to EGP 49,320 to sell and EGP 49,000 to buy, against EGP 49,120 to sell and EGP 48,800 to buy yesterday.

On global markets, the ounce traded at about USD 4,130.7, while in the local market it was worth about EGP 219,145 to sell and EGP 217,725 to buy.

Factors affecting gold prices

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

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

Global gold prices

The ounce traded on global markets at about USD 4,130.7 on Wednesday, October 7, 2026, compared with about USD 4,130.52 yesterday.

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

Gold movement in the local market

Gold prices rose in the local market on Wednesday, with a gram of 21-karat gold up EGP 25 in both the selling and buying prices compared with yesterday.

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

Gold prices in Egypt continue to be affected by global and local changes, which makes the global ounce price and the dollar exchange rate among the most important factors in explaining the precious metal's moves in the local market.