Egypt's Gold Prices Stabilize as Global Ounce Falls

On July 21, 2026, gold prices in Egyptian jewellery shops remained steady, with 24‑carat gold at 6,668.5 EGP per gram (sell) and 6,605.8 EGP (buy); 21‑carat at 5,835 EGP (sell) and 5,780 EGP (buy). The global ounce price slipped to $4,061.63 (sell) from $4,063.29 (buy).

A modest decline was recorded compared with the morning session, with the gold pound falling about 40 EGP to 46,760 EGP (sell) and 46,440 EGP (buy). The changes reflect the fall in the international ounce price from $4,013 to $4,006.25 and stable official exchange rates.

In April, Egypt’s imports of non‑cash gold surged to $208.9 million, a 949% year‑on‑year rise, marking one of the largest jumps in the country’s foreign‑trade data. The sector joins gas and crude oil as top imported commodities, supporting the domestic jewellery‑manufacturing base.

The Saudi riyal was quoted against the Egyptian pound across major banks, ranging from 13.55 EGP to 13.76 EGP per riyal, indicating ongoing currency‑market monitoring by Egyptian consumers and travelers.