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🇪🇬 Egypt /Economy & Trade

Gold Prices Hold Steady After 21-Karat Gold Falls by 20 Egyptian Pounds

From Al-Masry Al-Youm · () Arabic

Translated from Arabic and summarized by DistantNews. Read the original for the full story.

At a glance

Newswire Documents & data Context piece
  • Egypt's 21-karat gold price fell by about 20 Egyptian pounds before prices stabilized at midday on Sept. 5, 2026.
  • The reported prices were 7,222 Egyptian pounds for 24-karat gold, 6,320 for 21-karat gold and 5,434 for 18-karat gold per gram.
  • The gold pound stood at 50,560 Egyptian pounds, while global spot gold reached about $4,431.

Gold prices stabilized during midday trading on Saturday, Sept. 5, 2026, after the price of 21-karat gold, the most widely traded grade, dropped by about 20 Egyptian pounds.

The latest update from the Gold Division put 24-karat gold at about 7,222 Egyptian pounds per gram. A gram of 21-karat gold stood at 6,320 pounds, while 18-karat gold reached 5,434 pounds.

The price of a gold pound was reported at 50,560 Egyptian pounds. On international markets, spot gold stood at about $4,431.

About this summary

Originally published by Al-Masry Al-Youm in Arabic. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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