Gold prices rose in the local market in trading today, Saturday, October 17, 2026, compared with yesterday's levels. A gram of 21-karat gold stood at about EGP 6,250 and a gram of 24-karat gold at about EGP 7,145, while the global ounce price reached about USD 4,164.67.

Gold prices in Egypt today:

  • 24-karat: EGP 7,145.

  • 21-karat: EGP 6,250.

  • 18-karat: EGP 5,355.

  • Gold pound: EGP 50,000.

  • Ounce in EGP: EGP 222,170.

  • Ounce in USD: USD 4,164.67.

Gold prices today vs. yesterday:

  • Gold prices rose in the local market in trading today, Saturday, October 17, 2026, compared with yesterday's levels, as a gram of 21-karat gold gained about EGP 10 to EGP 6,250, against EGP 6,240 yesterday.

  • A gram of 24-karat gold stood at about EGP 7,145, against EGP 7,130 yesterday, an increase of EGP 15.

  • A gram of 18-karat gold reached about EGP 5,355, compared with about EGP 5,350 yesterday, up about EGP 5.

  • The gold pound stood at about EGP 50,000, against EGP 49,920 yesterday, an increase of EGP 80.

  • On the global market, the ounce traded at about USD 4,164.67 today, compared with about USD 4,185.15 yesterday, down about USD 20.48.

Factors affecting gold prices:

  • Gold prices in the local market are affected by several factors, chiefly global price movements of the precious metal, along with changes in the dollar's exchange rate against the pound and levels of supply and demand for gold in the local market.

  • Global economic developments, interest rate movements and market expectations about monetary policy also influence gold trends, as does investment demand for the precious metal as one of the assets investors turn to for hedging and portfolio diversification.

Global gold prices:

  • The ounce traded on global markets at about USD 4,164.67 today, Saturday, October 17, 2026, compared with about USD 4,185.15 yesterday, down about USD 20.48.

  • Markets are following global gold movements amid economic and monetary developments, along with changes in investment demand for the yellow metal as one of the assets investors turn to for hedging and portfolio diversification.

Gold movements in the local market:

  • Gold prices rose in the local market in trading today, Saturday, October 17, 2026, compared with yesterday's levels: 21-karat gained about EGP 10 to EGP 6,250, while 24-karat rose about EGP 15 and 18-karat about EGP 5.

  • These moves came as the global ounce price fell by about USD 20.48 to USD 4,164.67, with the Egyptian market influenced by global price movements as well as supply and demand and the dollar exchange rate.

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

  • Gold prices in Egypt continue to be shaped by 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.