Gold Price Egypt Today — Wednesday 12 August 2026: 21K at 6,295 EGP

Egypt Gold Price Editorial Team · 2026-08-12

This daily briefing is produced automatically from the market prices we recorded at publication time. The figures are observed values, not forecasts, and nothing here is investment advice.

Live Egyptian gold prices for Wednesday 12 August 2026: 21K 6,295 EGP/g sell (6,195 buy), 24K 7,194.3 EGP/g, gold pound 50,360 EGP, USD/EGP 50.28.

Gold prices in Egypt today — Wednesday 12 August 2026

The Egyptian retail market rose today. 21K +13.1 EGP (+0.21%) vs yesterday's average. Reference gram levels recorded at publication time:

Karat	Sell (EGP/g)	Buy-back (EGP/g)
24K	7,194.3	7,094.3
22K	6,594.8	6,494.8
21K	6,295	6,195
18K	5,395.8	5,295.8

• Gold pound (8g, 21K): 50,360 EGP
• Ounce (24K, local): 223,766.4 EGP
• International ounce: $4,387.04
• USD/EGP: 50.28
• Silver 999: 105 EGP/g

How today's price was formed

The Egyptian gram is arithmetic, not sentiment: international ounce × USD/EGP ÷ 31.1035, scaled by karat purity. At $4,387.04 an ounce and 50.28 EGP to the dollar, that produces the 24K gram above before any dealer margin. Everything a shop quotes on top of that is margin and workmanship. The buy-back column is 100 EGP below the sell price on every karat — the fixed spread applied across the local market. That gap, not the daily headline change, is the real cost of a round trip: on 21K it is roughly several times a normal daily move.

What matters for a buyer

1. Purpose before timing. For long-term savings, low-premium 24K bars or the gold pound resell closest to the raw metal value. 21K jewellery adds workmanship you never recover.
2. The pound is the bigger variable. For an EGP-based saver, USD/EGP stability has mattered more than the ounce over recent years.
3. Ignore sub-0.5% days. A move smaller than the dealer spread is noise, not a signal.

Check the live gram prices and model the full cost with the gold calculator or bar calculator before any transaction. This is market information, not investment advice — see our methodology.

Frequently Asked Questions

How much is 21K gold in Egypt today (Wednesday 12 August 2026)?

21K gold is about 6,295 EGP per gram to sell and 6,195 EGP buy-back at publication time. Shop prices add workmanship on top of the raw metal value.

How much is the Egyptian gold pound today?

The gold pound weighs 8 grams of 21K, so its raw value today is 8 × 6,295 = 50,360 EGP, before workmanship, stamping or tax.

Why is the buy price 100 EGP lower than the sell price?

That 100 EGP per gram is the dealer spread applied across the Egyptian retail market — the margin that covers the shop's risk and handling. It is your real cost of entering and exiting a position.

Does the international ounce set the Egyptian price?

Together with USD/EGP, yes. The gram equals the ounce in dollars times the exchange rate divided by 31.1035, adjusted for karat purity — so a stable pound passes global moves through one-for-one.

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