Gold prices fell in the local market during trading on Tuesday, October 20, 2026, compared with Monday's levels. The price of a gram of 21-karat gold dropped by about EGP 15 to EGP 6,265 for selling, against EGP 6,280 yesterday, while a gram of 24-karat gold stood at about EGP 7,160 for selling and the global price of an ounce of gold reached USD 4,121.16.

Gold prices today in Egypt

Gold prices in the local market during trading on Tuesday, October 20, 2026, according to announced prices, were as follows:

Gold prices today vs. yesterday

Gold prices fell in the local market during trading on Tuesday compared with Monday's levels, with prices of the various karats and the gold pound declining, in step with a drop in the global price of an ounce of gold.

The main changes in gold prices were as follows:

  • 24-karat: fell to EGP 7,160 for selling, against EGP 7,175 yesterday, a decline of EGP 15.

  • 21-karat: EGP 6,265 for selling, against EGP 6,280 yesterday, down EGP 15.

  • 18-karat: EGP 5,370 for selling, compared with about EGP 5,385 yesterday, down EGP 15.

  • 14-karat: EGP 4,175 for selling, against EGP 4,185 yesterday, down EGP 10.

  • Gold pound: fell to EGP 50,120 for selling, against EGP 50,240 yesterday, a decline of EGP 120.

Globally, an ounce of gold traded at about USD 4,121.16 today, compared with about USD 4,176.76 yesterday, a drop of about USD 55.60.

Factors affecting gold prices

Gold prices in the local market are influenced by several factors, chiefly movements in global prices of the precious metal, changes in the dollar's exchange rate against the pound, and supply and demand in the Egyptian market.

Global economic developments, interest-rate movements and market expectations for monetary policy also shape gold's direction, alongside investment demand for the yellow metal as one of the assets investors turn to for hedging and portfolio diversification.

Global gold prices

An ounce of gold fell on global markets to about USD 4,121.16 during trading on Tuesday, October 20, 2026, compared with about USD 4,176.76 in yesterday's trading, a decline of USD 55.60.

Markets are tracking gold's moves in light of global economic and monetary developments, interest-rate expectations and shifts in investment demand, factors that drive the precious metal's direction worldwide and feed through to prices in the local market.

Gold movement in the local market

Gold prices in the local market declined during trading on Tuesday, October 20, 2026, compared with Monday's levels. A gram of 21-karat gold fell by about EGP 15 to EGP 6,265 for selling, while 24-karat and 18-karat each fell by about EGP 15.

The gold pound fell by about EGP 120 to EGP 50,120 for selling, against EGP 50,240 yesterday, while the global ounce fell to USD 4,121.16, compared with about USD 4,176.76 in yesterday's trading.

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 announced prices for raw gold.