Gold prices remained stable in Egypt at the beginning of trading on Tuesday, August 18, 2026, as local prices held steady while the global gold ounce continued trading above the $4,400 level.
The price of 24-karat gold reached EGP 7,170 per gram, while 21-karat gold, the most widely traded purity in the Egyptian market, stood at around EGP 6,280 per gram.
Gold Prices Today in Egypt
Gold prices at the beginning of Tuesday's trading were as follows:
- 24K gold: EGP 7,170 per gram.
- 21K gold: EGP 6,280 per gram.
- 18K gold: EGP 5,385 per gram.
- 14K gold: EGP 4,193.33 per gram.
- Gold pound: EGP 50,100.
- Local gold ounce: Around EGP 222,580.
Gold prices may change throughout the day depending on movements in local and global markets.
24K Gold Price Today
The price of 24-karat gold remained at EGP 7,170 per gram at the beginning of trading.
24K gold is particularly important for investors because it is widely used in the production of gold bars in different weights.
Gold bar prices are directly affected by the price of 24K gold, in addition to manufacturing and workmanship costs, which vary according to the bar's weight and the producing company.
Gold Bars Today
24K gold bars continue to attract people looking to invest and save in gold, particularly because their manufacturing costs are generally lower than those associated with finished gold jewelry.
Gold bars are available in a wide range of weights, starting with small bars suitable for people with limited savings and extending to larger bars preferred by investors seeking to hold greater quantities of gold.
Factors Affecting Gold Bar Prices
Gold bar prices are mainly determined by the price of 24K gold, the international gold ounce price, and the exchange rate of the US dollar against the Egyptian pound.
Manufacturing costs, supply, and demand in the local market also contribute to the final price.
Global Gold Price Today
The global gold ounce continues to trade above $4,400, supporting gold prices in the Egyptian market.
International gold prices remain influenced by several factors, particularly movements in the US dollar and expectations surrounding US monetary policy, along with developments in financial markets and the global economy.
Dollar Exchange Rate and Its Impact on Gold
The US dollar exchange rate against the Egyptian pound remained relatively stable, helping support the current stability in local gold prices.
Gold prices in Egypt are closely linked to the international price of the precious metal and the dollar exchange rate. Therefore, significant movements in either the global gold ounce or the exchange rate can affect domestic prices.
Can Gold Prices Change During the Day?
Yes. Gold prices can change several times throughout the day in response to movements in the global gold ounce price, the dollar exchange rate, and supply and demand in the Egyptian market.
As a result, the price recorded at the beginning of trading may differ from the price later in the day.
How much is 24K gold today in Egypt?
The price of 24K gold reached EGP 7,170 per gram at the beginning of trading on Tuesday, August 18, 2026.
How much is 21K gold today?
21K gold stood at around EGP 6,280 per gram.
How much is the gold pound today?
The gold pound reached approximately EGP 50,100.
How much is 18K gold today?
18K gold reached around EGP 5,385 per gram.
What factors affect gold prices?
Gold prices are influenced by the global gold ounce price, the US dollar exchange rate, supply and demand, and local manufacturing costs.
