Gold price per gram today, 4 October 2026, in Egypt: 24K at 7,006 pounds

Prices in Egypt came under pressure today, 4 October 2026, following the global ounce lower. A gram of 24K was quoted at about 7,006 pounds, with 22K near 6,422 pounds, 21K — the grade most buyers across the region choose — around 6,130 pounds, and 18K close to 5,255 pounds. The 8-gram gold pound, at 21K, works out at roughly 49,042 pounds. Globally, the ounce traded near $4,141, 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. Timing matters less than most people expect. Many analysts prefer buying gradually in monthly instalments rather than committing a large sum at once — an approach that smooths out the effect of price swings over the long run. Local demand follows clear seasonal patterns — wedding season, the end of the school year, the approach of the holidays. In those windows jewellery demand rises and making charges often rise with it. Karat choice follows purpose. 24K is the purest and suits bars. 21K is the most popular for jewellery across the region for its balance of hardness and price. 18K appears mostly in stone-set pieces and lighter accessories. The hallmark stamped on a piece is its official purity certificate. Its presence means the piece passed through assay; its absence leaves the karat resting on the seller's word alone, which is worth avoiding entirely. 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. Follow every price and update first on Tibr and its free app, which brings gold, currency and crypto prices together in one place with instant alerts. ⚠️ Prices are for information only, may differ slightly from shop to shop, and are not financial advice or a recommendation to buy or sell.