Gold prices rose in the local market during trading on Wednesday 21 October 2026 compared with Tuesday's levels. The price of a gram of 21-karat gold climbed by about EGP 25 to EGP 6,290 for selling, against EGP 6,265 yesterday, while 24-karat gold stood at about EGP 7,190 per gram for selling and the global price of an ounce of gold reached USD 4,115.57.
Gold Prices Today in Egypt
Gold prices in the local market during trading on Wednesday 21 October 2026, according to announced prices, were as follows:
| 24-karat | 7,160 EGP | 7,115 EGP |
| 21-karat | 6,265 EGP | 6,225 EGP |
| 18-karat | 5,370 EGP | 5,335 EGP |
| 14-karat | 4,175 EGP | 4,150 EGP |
| Gold pound | 50,120 EGP | 49,800 EGP |
| Ounce (EGP) | 222,700 EGP | 221,280 EGP |
| Ounce (USD) | 4,121.16 USD | — |
Gold Prices Today vs. Yesterday
Gold prices rose in the local market on Wednesday compared with Tuesday's levels, with all karats and the gold pound moving higher, even though the global price of an ounce of gold fell.
The main changes in gold prices were as follows:
24-karat: up to EGP 7,190 for selling, against EGP 7,160 yesterday, an increase of EGP 30.
21-karat: EGP 6,290 for selling, against EGP 6,265 yesterday, up EGP 25.
18-karat: EGP 5,390 for selling, compared with about EGP 5,370 yesterday, an increase of EGP 20.
14-karat: EGP 4,195 for selling, against EGP 4,175 yesterday, up EGP 20.
Gold pound: up to EGP 50,320 for selling, against EGP 50,120 yesterday, an increase of EGP 200.
Globally, an ounce of gold stood at about USD 4,115.57 during today's trading, compared with about USD 4,121.16 yesterday, a drop of about USD 5.59.
Factors Affecting Gold Prices
Gold prices in the local market are shaped by several factors, chief among them movements in global prices of the precious metal and changes in the dollar's exchange rate against the pound, as well as supply and demand in the Egyptian market.
Global economic developments, interest-rate movements and market expectations for monetary policy also influence 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 in global markets to about USD 4,115.57 during trading on Wednesday 21 October 2026, compared with about USD 4,121.16 in yesterday's trading, a decline of USD 5.59.
Markets are tracking gold in light of global economic and monetary developments, interest-rate expectations and shifts in investment demand, all factors that shape 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 rose during trading on Wednesday 21 October 2026 compared with Tuesday's levels. The price of a gram of 21-karat gold climbed by about EGP 25 to EGP 6,290 for selling, 24-karat gold rose by about EGP 30 and 18-karat gold by about EGP 20.
The gold pound rose by about EGP 200 to EGP 50,320 for selling, against EGP 50,120 yesterday, while the global ounce fell to USD 4,115.57, compared with about USD 4,121.16 in yesterday's trading.
Actual prices for 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.


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