Gold in the local market in Egypt today, 25 September 2026

Prices in Egypt came under pressure today, 25 September 2026, following the global ounce lower. A gram of 24K was quoted at about 7,114 pounds, with 22K near 6,521 pounds, 21K — the grade most buyers across the region choose — around 6,225 pounds, and 18K close to 5,336 pounds. The 8-gram gold pound, at 21K, works out at roughly 49,798 pounds. Globally, the ounce traded near $4,272, which is the reference every local price is built from. Converting it takes two steps: divide by 31.1 to reach a gram of pure gold, then apply the local exchange rate and the purity of the karat. The gap between a dealer's buy and sell price widens in volatile periods and narrows in quiet ones, which means buying and selling within a few days rarely works in a saver's favour. Always ask for a receipt stating the weight, karat and making charge. It is the only reference you have when reselling or exchanging, and it protects you from any later disagreement over what you bought. The local gold price in Egypt follows a simple formula: the gram price for a karat equals the global ounce price in dollars, divided by 31.1, multiplied by the local dollar rate, multiplied by the purity of that karat. Any move in the dollar or the ounce shows up locally almost immediately. Weight affects the making charge directly. The larger the piece, the smaller the relative charge per gram, which is why buyers saving for the long term tend to prefer heavier pieces over a collection of small ones. A softer market often draws buyers who have been waiting, though it is worth remembering that a single day's move says little about the weeks ahead. When you come to sell, the value of what you hold is usually based on the gram price alone, without the making charge. Choosing the right karat and form for your purpose — saving or wearing — matters more than timing the market. Tibr tracks these prices minute by minute from trusted sources, alongside calculators for zakat and the value of what you own, and a free app that alerts you the moment the price moves in your country. ⚠️ Prices are for information only, may differ slightly from shop to shop, and are not financial advice or a recommendation to buy or sell.